CFTC Approves Stock Perpetual Futures: What It Means for Hyperliquid and US Traders

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The CFTC just cleared perpetual futures on single stocks for US exchanges. Here is how equity perps work and why Hyperliquid is at the center of it.Add as a preferred source on GoogleFollow on Google NewsA product that was born on offshore crypto exchanges and perfected by $Hyperliquid is now legal on Wall Street. On 3 November the Commodity Futures Trading Commission (CFTC) confirmed that perpetual futures on individual stocks can begin trading on registered US exchanges for the first time. HYPE jumped on the news. Here is what changed, what a stock perp actually is, and whether this helps or hurts Hyperliquid.What did the CFTC approve exactly?CFTC Chairman Michael Selig said that perpetual futures on single equities passed the agency's 45-day review under Regulation 40.3 without objection. The contracts are classified as "security futures", a category created by the Commodity Futures Modernization Act of 2000, which puts them under joint CFTC and SEC oversight and means no new...