Gate News bot message, Hyperliquid Labs stated on social media: "Hyperliquid Labs is committed to the development of Decentralized Finance and aims to provide a more open, transparent, and efficient financial system for everyone. As contributors to the Hyperliquid Blockchain, we believe that DeFi can not only meet the demands of modern financial markets but can also exceed them.
In this spirit, Hyperliquid Labs has submitted two comment letters to the U.S. Commodity Futures Trading Commission (CFTC) in response to its recent request for comment on perpetual derivatives and 24/7 trading. We appreciate the CFTC’s active participation in these issues, and understanding these issues is critical to the development of global markets.
Supporting the development of America’s Decentralized Finance through open dialogue and a clear regulatory framework is a great opportunity to ensure that the United States maintains its leading position in financial innovation while effectively protecting user rights. Hyperliquid Labs will work alongside the broader Hyperliquid community to be a constructive partner in this journey. We appreciate the CFTC’s leadership in exploring these key market innovations and the opportunity to contribute our perspectives.