Hyperliquid Labs Engages with CFTC as HYPE Token Surges
- Hyperliquid Labs submitted two comment letters to the CFTC on perpetual derivatives and 24/7 trading.
- The platform highlighted its continuous liquidity and automated liquidation system for efficient market operations.
- HYPE token reached a new all-time high of $37.34, trading at $37.25 at the time of reporting.
- HYPE saw gains of 14.1% over 24 hours, 31.3% over seven days, and 84.4% over the past month.
- Arthur Hayes, former BitMEX CEO, invested $2 million in HYPE when it was priced at $14.6.
Hyperliquid Labs has engaged with the CFTC by submitting comment letters on regulatory topics while its HYPE token achieved a record price of $37.34, reflecting significant recent gains.
Source (2.6)https://coingape.com/hyperliquid-in-discussions-with-cftc-for-u-s-compliance-hype-hits-new-ath/?rand=24432
