Hyperliquid Policy Center Urges SEC, CFTC to Harmonize Perpetuals Rules

The Hyperliquid Policy Center has formally called on the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission to develop a joint regulatory framework for perpetual futures, urging the agencies to classify these derivative contracts based on their economic structure rather than the underlying asset. In a comment letter published on August 24, 2026, the policy group argued that a unified approach would resolve jurisdictional ambiguity, enhance investor protections, and help bring a fast-growing segment of digital asset trading back under domestic oversight.