CatalystDerivatives
Hyperliquid Strategies files to become CFTC-registered FCM, posts $13.3 million in quaterly revenue
CFTC FCM registration filing plus $13.3 million quarterly revenue drive derivatives relevance.
Context
What happened: Hyperliquid Strategies filed with the CFTC to become a registered FCM for U.S. HIP-3 perpetual markets.
Key numbers: $13.3 million in quarterly revenue; $620.6 million net income.
Why it matters: The filing would place the firm under CFTC oversight as a futures commission merchant for U.S. HIP-3 perp markets.
What changed
Hyperliquid Strategies filed with the CFTC to become a registered FCM for U.S. HIP-3 perpetual markets.
Why it matters
The filing would place the firm under CFTC oversight as a futures commission merchant for U.S. HIP-3 perp markets.