Crypto Industry Adapts to CFTC Perpetuals

Crypto Industry Advocates for U.S. Regulation of Perpetual Futures

• Perpetual contracts account for over 90% of crypto derivatives trading volume, mostly outside the U.S.
• Industry leaders argue perpetuals eliminate costly contract rollovers seen in traditional futures.
• The Commodity Futures Trading Commission (CFTC) is evaluating regulations for perpetual derivatives amid their growth.
• Coinbase, OKX, Paradigm, and Hyperliquid are pushing for U.S. regulation to access a flourishing offshore market.
• Paradigm proposes a special advisory committee to explore decentralized finance (DeFi) perpetuals.

Crypto firms are urging the CFTC to regulate perpetual futures, which dominate over 90% of crypto derivatives trading. They argue that proper regulation could open up a multi-trillion-dollar market currently thriving offshore.