Hyperliquid responds to Bloomberg's concerns about the perpetual contracts market: The concerns lack basis.

On May 15th, CoinFeed reported that Hyperliquid's Hyperliquid Policy Center responded to a Bloomberg report regarding the integrity and market impact of its perpetual derivatives market, stating that concerns raised by some traditional exchanges were "unfounded." Hyperliquid stated that it improves market transparency by publishing all transaction records on-chain in real time, and claims that such mechanisms help curb insider trading and price manipulation. Hyperliquid also emphasized that its platform provides 24/7 continuous trading, reducing price gaps and liquidity disruptions during traditional market closures and improving price discovery efficiency. It further stated that current US law does not yet have clear rules for derivatives markets on public blockchains, and that it will continue to work with Washington policymakers to bring on-chain markets under regulatory frameworks.