TLDR Crypto · MARKETS & BUSINESS
TRUMP SAYS CFTC WORKING TO BRING HYPERLIQUID TO THE US
Summary from the TLDR Crypto newsletter
At today's White House crypto meeting, Trump said CFTC Chairman Mike Selig is working to bring Hyperliquid into the United States in a fully compliant and legal fashion. The comments sent HYPE up 11%. Hyperliquid runs its order book fully onchain, operates 24/7, currently bars US users, and has grown into a top-10 token (~$15B market cap) largely on perpetual futures, including licensed contracts on stocks, gold, oil, and indices, which now make up roughly half its volume.