Caixin: Hyperliquid prices Chinese assets as offshore exchanges challenge global regulators
- —Hyperliquid runs its own L1 with a fully onchain order book and no external VC backing
- —The platform listed perpetuals on Chinese assets, after earlier crude oil contracts amid Iran tensions
- —Offshore derivatives growth continues as the US CLARITY Act stalls in Congress
Why it matters: Offshore onchain derivatives on sovereign assets set a regulatory precedent and pressure both US and Chinese watchdogs.
Source: ChainCatcher 链捕手
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