Hyperliquid Lobby Group Responds to Bloomberg Report
The Hyperliquid lobbying group, Hyperliquid Policy Center, issued a statement in response to a Bloomberg report, stating that concerns from traditional trading platforms like CME and ICE regarding the integrity of Hyperliquid's perpetual contract market and potential manipulation are "unfounded."
All Hyperliquid transactions are recorded on-chain in real-time, providing high transparency, creating a natural deterrent against insider trading and price manipulation, and facilitating monitoring and investigation by regulatory agencies. It also emphasized that 24/7 continuous trading enhances market efficiency and price discovery mechanisms.
In terms of market mechanisms, capital from traditional closed trading platforms is rapidly shifting towards on-chain transparent perpetual contracts, and this response drives continued capital inflow into the Hyperliquid ecosystem, putting pressure on traditional futures exchanges.
Source: Public Information
ABAB AI Insight
Hyperliquid Policy Center has previously engaged with Washington policymakers multiple times, and this public rebuttal continues the proactive approach of on-chain derivatives platforms embracing regulatory transparency, similar to strategies employed by projects like dYdX and GMX when facing CFTC scrutiny, which leverage on-chain public records as a core competitive advantage.
In terms of capital pathways, Hyperliquid is shifting resources from pure trading incentives to building regulatory-friendly infrastructure through real-time on-chain data and policy lobbying, aiming to alleviate regulatory pressure from traditional exchanges while attracting institutional and compliant funds into the 24/7 perpetual market.
Similar cases include several public chain derivatives platforms actively seeking dedicated regulatory frameworks by 2025, as well as traditional exchanges' long-standing resistance to on-chain liquidity. The current derivatives industry is transitioning from a centralized closed market to on-chain transparent continuous trading control.
Essentially, this is a regulatory change: accusations of manipulation in on-chain markets by traditional platforms are weakened by real-time transparent mechanisms, with the fundamental mechanism being that blockchain's immutable records allow every transaction to be audited. Only by incorporating on-chain derivatives into a dedicated regulatory framework can we balance innovation efficiency with compliance needs, achieving a structural shift from regulatory gray areas to transparent and controllable markets.
ABAB News · Cognitive Law
On-chain transparency is not a risk, but the strongest evidence against manipulation accusations.
Closed markets protect the old system; 24/7 transparent trading is the future of price discovery.
When traditional platforms call for regulation, the strongest response is always to put all transactions on-chain.