Hyperliquid Jumps 20% After Trump Signals U.S. CFTC Pathway

1 articles · Updated · Yahoo Finance · Aug 22

HYPE surged 20% on Aug. 19 after Donald Trump said CFTC Chair Michael Selig is working on a legal route for Hyperliquid to operate in the United States.
U.S. users are currently blocked because Hyperliquid is not confident its perpetual futures can be offered legally there, making any approved entry into that market potentially transformative.
No formal CFTC approval has been announced, and Trump’s remark does not authorize operations; some products could still face U.S. restrictions even if the exchange gets a green light.
Trading fees are central to the bullish case: nearly all fees are used to buy back HYPE and burn it, so added U.S. activity could tighten supply and lift the token further.