PANews reported on May 15 that Hyperliquid's Policy Center responded to a Bloomberg report regarding the integrity and market impact of its perpetual derivatives market, stating that concerns raised by some traditional exchanges are "unfounded." Hyperliquid stated that it enhances market transparency by publishing all transaction records on-chain in real time, and that such mechanisms help curb insider trading and price manipulation.
Hyperliquid also emphasized that its platform offers 24/7 continuous trading, which can reduce price gaps and liquidity disruptions during traditional market closures and improve price discovery efficiency. It further stated that current US law does not yet have clear rules for derivatives markets on public blockchains, and that it will continue to work with policymakers in Washington to bring on-chain markets under a regulatory framework.
