via Cointelegraph · By Cointelegraph Staff
Traditional Financial Exchanges Sound Alarm on HYPE's Commodity Perps
HYPE/USDT
$333,928,762.29
$59.59 / $57.82
Change: $1.77 (3.06%)
-0.0038%
Shorts pay
Intercontinental Exchange (ICE) and the Chicago Mercantile Exchange (CME), the two biggest exchanges for energy-linked commodities, are pressuring US regulators to clamp down on the Hyperliquid decentralized exchange’s expansion into commodity markets.
Executives from both companies say that Hyperliquid’s energy-linked onchain derivatives create insider trading and price manipulation risks…
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