Hyperliquid Policy Center and trade[XYZ] petition CFTC to allow energy perpetual contracts and 24/7 trading in U.S., with stablecoin margin support.
DeFi & Yields ·
The Hyperliquid Policy Center and trade[XYZ], a market deployer operating on Hyperliquid, have petitioned the U.S. Commodity Futures Trading Commission with recommendations to establish regulated access for energy derivatives trading. The petition calls for crude oil and natural gas perpetual contracts to be permitted in the domestic market, alongside support for continuous round-the-clock trading activity.
The two entities are also advocating for expanded collateral flexibility within U.S. derivatives trading. Their submission urges the CFTC to recognize stablecoins and tokenized versions of traditional assets as eligible margin instruments, and to formally acknowledge blockchain-based infrastructure for executing, clearing, and settling trades within a regulated framework.
The petition represents a push toward integrating on-chain derivatives infrastructure with U.S. commodity regulation, though it remains unclear whether the CFTC will adopt these recommendations or on what timeline a policy response might emerge.