CFTC Chairman Michael Selig is reportedly working to introduce Hyperliquid’s decentralized trading model to the US, per Binance founder CZ.
Binance founder Changpeng Zhao revealed that President Trump’s administration is exploring the introduction of Hyperliquid, a decentralized trading platform, into the US market. The move is being led by CFTC Chairman Michael Selig and could pave the way for broader adoption of decentralized exchanges (DEXs) and perpetual trading services in the country.
CZ stated that approval of Hyperliquid’s model would benefit the entire crypto industry, including international centralized exchanges. Deeper US liquidity and improved execution prices for traders are expected outcomes if the initiative progresses. The development follows growing regulatory interest in decentralized financial services.
No immediate market reaction was reported, but the potential expansion of decentralized trading could reshape US crypto market dynamics.