Skip to content

Topic

US crypto derivatives regulation

Federal oversight of crypto futures, options and swaps in the United States, led by the CFTC under the Commodity Exchange Act, with the SEC involved for security-based products.

Current clusters

invest4 publishers

Hyperliquid rents a US listing from the licence stack Payward bought for up to $550m

Bitnomial would list a chosen few Hyperliquid-linked perpetuals while the Singapore protocol keeps its $4bn-a-day book offshore, which hands every other unregistered venue a wrapper to copy instead of a reason to move onshore.

Perspective Coverage

4 publishers
Builder
Builder 11%
Operator
Operator 38%
Investor
Investor 51%

Reality

Evidence50
Adoption12
Hype gap+25
Incentives65
Confidence55