Hyperliquid Policy Center submits a comment letter to the U.S. CFTC, calling for the establishment of a regulatory pathway for decentralized prediction markets

BlockBeats News, April 30. According to official sources, the Hyperliquid Policy Center (HPC) today submitted a comment letter to the U.S. Commodity Futures Trading Commission (CFTC) in response to its proposed rulemaking on prediction markets (ANPRM). HPC noted that existing discussions mainly focus on centralized prediction markets, but there should be a clearer regulatory framework to support decentralized prediction markets built on public, permissionless blockchains.

In its opinion, HPC called on regulators to formulate a “function-oriented, flexible and adaptive” set of rules, so that decentralized market structures can be incorporated into compliant pathways and so as to provide legitimate access channels for U.S. market participants, while also helping the United States maintain leadership in decentralized financial innovation. The organization believes that prediction markets can create more efficient price discovery mechanisms by aggregating dispersed information, and that the value of their information has been widely used in financial terminals and media platforms.

In addition, HPC emphasized that prediction markets based on public blockchains feature non-custodial control, transparency, and high resilience, which can help improve market fairness, settlement security, and regulatory auditability. HPC said that it will continue to communicate with the CFTC and relevant institutions to promote U.S. users’ ability to access Hyperliquid and its HIP-4 event markets, and to provide regulatory certainty for the development of decentralized prediction markets in the United States.