Trump suddenly named Hyperliquid! CFTC wants to bring this DeFi giant into the United States, HYPE skyrocketed by 17% at one point

On August 19th, US President Trump suddenly named Hyperliquid at a White House crypto industry event and stated that CFTC Chairman Michael Selig is pushing to bring this decentralized derivatives trading platform into the US market and operate it in a "fully compliant and legal manner". After the news came out, HYPE quickly rose, with an intraday increase of about 17%, and the market's expectations for its compliance landing in the United States suddenly increased. The direct impact is first reflected in the HYPE price and Hyperliquid ecosystem valuation. Hyperliquid is currently known for trading perpetual contracts, and the US market has long been one of its core markets that it cannot directly reach. If a legal operating path is obtained in the future, US users and institutional funds are expected to enter, and the platform's transaction volume, fee income, and HYPE ecological value may all gain new growth space. The greater impact lies at the regulatory level. The CFTC has already begun exploring the launch of perpetual contracts under the regulatory framework in the United States. If Hyperliquid is successfully implemented, it may become a landmark case for DeFi derivatives to enter the US market, and even establish new compliance templates for other decentralized trading platforms. However, it should be noted that Trump's statement does not mean that Hyperliquid has obtained regulatory approval in the United States. There is still uncertainty on how to address issues such as KYC, registration, and leverage restrictions. CFTC Chairman Selig is expected to further disclose regulatory direction at the Innovation Advisory Committee meeting on August 20th. If it is ultimately implemented, the impact may not only be on derivatives such as HYPE: Masters, dYdX, and DEX, but also on the entire DeFi track, which may usher in a new round of "US compliant" valuation restructuring. If you want to track the real-time flow of Hyperliquid funds, changes in trading volume, and market hotspots, you can register OKX through the AiCoin cooperation portal: 👉 https://jump.do/zh-Hans/xlink?checkProxy=true&proxyId=2 Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.