Hyperliquid Policy Center backs CFTC in fight over perpetual futures, asks court to drop CME’s case
60-second summary
Hyperliquid Policy Center argues CME Group is stifling innovation and asks a federal court to dismiss CME’s lawsuit against the CFTC over perpetual futures regulation, claiming the exchange’s tactics hinder market development. The center’s filing highlights concerns that legal battles could delay new derivative products, potentially slowing liquidity growth and keeping traders from accessing more efficient trading solutions.
The Hyperliquid Policy Center accused CME Group of stifling innovation and urged a court to dismiss the exchange’s lawsuit against the CFTC.