Phantom, Hyperliquid urge CFTC for onchain derivatives regulatory overhaul

10th July, 2026

Narayani Srinivasan
Blue and gold light trails streaming across a dark digital sphere.

The decentralised exchange and crypto wallet provider are pushing for a regulatory framework to accommodate the blockchain-based derivatives markets, arguing that rules built for traditional intermediaries are preventing on-chain technology adoption.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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