Hyperliquid Labs: Has Submitted Two Comment Letters to the US CFTC in Response to Its Recent Request for Public Input on Perpetual Contracts and 24/7 Trading

On May 23rd, Hyperliquid Labs made an announcement stating that "Hyperliquid Labs is dedicated to promoting decentralized finance (DeFi) and holds the belief that it has the potential to introduce a more open, transparent, and efficient financial system to everyone. Hyperliquid Labs has submitted two comment letters to the U.S. Commodity Futures Trading Commission (CFTC) in response to its recent Request for Comment on perpetual contracts and 24/7 trading. We are grateful for the CFTC's active participation in these matters, as this understanding is of great significance for the development of global markets." The key opportunity lies in supporting the growth of DeFi in the United States through open communication and a clear regulatory framework, which ensures that the US can continue to lead in financial innovation while effectively safeguarding the interests of users. We express our gratitude to the CFTC for its leadership in exploring these crucial market innovations and for providing us with the opportunity to present our viewpoints.