Tech • IA • Crypto
40 articles analyzed by AI / 61 total
On July 9, 2026, Hyperliquid along with Phantom petitioned the U.S. Commodity Futures Trading Commission (CFTC) to exempt decentralized finance (DeFi) platforms from existing broker rules. This move aims to clarify and ease regulatory burdens that Hyperliquid believes are hindering innovation and growth in DeFi markets.
Hyperliquid Policy Center and Phantom jointly requested the CFTC by the July 9, 2026 comment deadline to exclude DeFi from traditional broker regulatory rules. They argue that current frameworks obstruct innovation in decentralized finance and call for tailored regulation more suited to DeFi's unique structure.
Hyperliquid's Ventuals platform announced the winding down of its on-chain pre-IPO markets as of mid-June 2026, signaling a strategic retreat from presenting these DeFi market offerings to investors. This decision affects the DeFi investor options that were previously available on Ventuals.
As of early July 2026, Hyperliquid dominates the perpetual derivatives decentralized exchange (DEX) market, reporting $21.9 billion in 24-hour trading volume and $15.5 billion in open interest. This data, provided by DeFiLlama on July 3, underscores Hyperliquid's leading position in the highly competitive perp DEX space.
On July 9, 2026, Hyperliquid formally petitioned the CFTC to exempt DeFi platforms from legacy cryptocurrency regulations. They emphasize that prevailing regulatory rules inhibit innovation and flexibility within DeFi, urging a modernized approach to support decentralized finance development.
Hyperliquid and Phantom reiterated their request to the CFTC on July 9, 2026, asking for DeFi platforms to be exempt from broker rules. Their appeal highlights ongoing regulatory challenges faced by the DeFi sector and seeks to influence future compliance standards to better suit decentralized projects.
Bitwise's latest crypto ETF rebalance on July 9, 2026, removed Polkadot and Avalanche, while adding Hyperliquid and Stellar. This adjustment reflects Hyperliquid’s increasing recognition and inclusion in mainstream crypto index funds, signaling institutional confidence in its growth potential.
On July 9, 2026, Hyperliquid and Phantom once again called on the CFTC to exempt DeFi protocols from legacy rules. Their campaign is aimed at fostering a favorable regulatory atmosphere that supports DeFi innovation and reduces regulatory friction.
Hyperliquid and Phantom’s appeal to the CFTC to exempt DeFi from outdated regulatory frameworks was covered by Yahoo Finance on July 9, 2026. The firms argue that legacy rules block efficient DeFi progress and advocate for regulatory reform tailored to the decentralized finance ecosystem.
A Reddit discussion on July 9, 2026, raised questions about whether Hyperliquid is still the dominant perpetual DEX, with some users noting increased mentions of alternatives like GMX, dYdX, and Jupiter. This indicates a possible gradual user migration from Hyperliquid to other platforms amid evolving market preferences.