Hyperliquid Policy Center submits a letter to the CFTC, calling for the establishment of compliant channels for decentralized prediction markets.

Deep Tide TechFlow News, April 30 — The Hyperliquid Policy Center (HPC) announced that it has formally submitted comments on the U.S. Commodity Futures Trading Commission (CFTC) proposed rules for prediction markets (ANPRM), advocating for the establishment of clear compliance pathways for decentralized prediction markets based on public, permissionless blockchains while improving the regulatory framework for centralized prediction markets.

In the comments, HPC calls on the CFTC to develop more flexible, function-oriented rules to accommodate decentralized market structures; to establish clear legal channels for U.S. market participants to access decentralized prediction markets; and to promote the United States’ leadership in decentralized financial innovation.

HPC states that prediction markets are a natural extension of the federal derivatives framework, helping participants directly manage economic risk exposure related to real-world events, and aggregating dispersed information through continuously updated market prices. The current rulemaking should not entrench reliance on a single exchange operator, custodial intermediaries, and traditional settlement oversight mechanisms, as this would hinder legitimate participation of U.S. users in decentralized prediction markets. Meanwhile, it will continue to promote compliant access for U.S. market participants to Hyperliquid and HIP-4 outcome markets, and maintain ongoing communication with the CFTC.