---
title: >-
  Hyperliquid Policy Center backs CFTC in fight over perpetual futures, asks
  court to drop CME’s case
url: >-
  https://www.cryptocatalyst.news/articles/2026-09-10-hyperliquid-policy-center-backs-cftc-in-fight-over-perpetual-futures-asks-court-
canonical: >-
  https://www.cryptocatalyst.news/articles/2026-09-10-hyperliquid-policy-center-backs-cftc-in-fight-over-perpetual-futures-asks-court-
date: '2026-09-10T19:05:53.865958+00:00'
category: policy
tags:
  - cftc
  - cme-group
  - perpetual-futures
  - hyperliquid
  - regulation
  - crypto-derivatives
source: The Block
source_url: >-
  https://www.theblock.co/news/regulation/2026-09-09-hyperliquid-policy-center-backs-cftc-fight-perpetual-futures-asks-court-drop-cme-case-414046
publisher: CryptoCatalyst
summary: >-
  Hyperliquid Policy Center accuses CME Group of stifling innovation, urges
  court to dismiss CME's lawsuit against CFTC over perpetual futures
  classification.
image: >-
  https://www.cryptocatalyst.news/images/articles/2026-09-10-hyperliquid-policy-center-backs-cftc-in-fight-over-perpetual-futures-asks-court-.webp
generated_by: automated editorial pipeline
---
# Hyperliquid Policy Center backs CFTC in fight over perpetual futures, asks court to drop CME’s case

The Hyperliquid Policy Center has accused CME Group of stifling innovation in the crypto derivatives market. They asked a court to dismiss CME’s lawsuit against the CFTC over the classification of perpetual futures. This legal battle could shape the future of crypto trading in the U.S.

## Key takeaways

- Hyperliquid Policy Center filed a brief supporting the CFTC against CME Group.
- The center accused CME of stifling innovation in crypto derivatives markets.
- It urged a court to dismiss CME's lawsuit over perpetual futures classification.
- The CFTC's approval of perpetual futures opened opportunities for platforms like Kalshi and Coinbase.

## Hyperliquid Policy Center Accuses CME of Stifling Innovation

The Hyperliquid Policy Center has taken a firm stance in the ongoing legal battle between CME Group and the Commodity Futures Trading Commission (CFTC). In a recent filing, the center accused CME of attempting to stifle innovation in the crypto derivatives market. They urged a court to dismiss CME’s lawsuit against the CFTC, which challenges the regulator’s classification of perpetual futures.

## Why the Timing Matters

This legal battle comes at a critical time for the crypto industry. The CFTC’s approval of perpetual futures has opened the door for new trading opportunities, particularly for platforms like Kalshi and Coinbase. The Hyperliquid Policy Center argues that CME’s lawsuit could stifle this innovation, potentially limiting the growth of the crypto market in the U.S.

## What It Means for the Crypto Market

The outcome of this legal battle could have significant implications for the crypto derivatives market. If the court dismisses CME’s lawsuit, it would pave the way for more platforms to offer perpetual futures, increasing competition and innovation. However, if CME prevails, it could lead to a more restrictive regulatory environment, potentially limiting the options available to traders.

## What to Watch Next

Traders and investors should keep an eye on the court’s decision in this case. The timing of the decision could impact the launch of new perpetual futures products. Additionally, the outcome could influence the CFTC’s approach to regulating crypto derivatives in the future. For more on the CFTC’s role in the crypto market, see our coverage on [CFTC’s advisory on 24/7 trading](/articles/2026-05-30-cftc-approves-crypto-perpetual-contracts-issues-247-trading-advisory).

## FAQ

### What is the Hyperliquid Policy Center?

The Hyperliquid Policy Center is an advocacy group focused on promoting innovation and fair regulation in the crypto and derivatives markets.

### Why is CME suing the CFTC?

CME Group is suing the CFTC over the regulator’s classification of perpetual futures, arguing that it undermines traditional futures markets.

### What are perpetual futures?

Perpetual futures are a type of derivatives contract that does not have an expiration date, allowing traders to hold positions indefinitely.

### How could this legal battle affect the crypto market?

The outcome could determine the availability of perpetual futures products and influence the regulatory environment for crypto derivatives.

## Source

This article is a summary of reporting by [The Block](https://www.theblock.co/news/regulation/2026-09-09-hyperliquid-policy-center-backs-cftc-fight-perpetual-futures-asks-court-drop-cme-case-414046), written by an automated editorial pipeline. See https://www.cryptocatalyst.news/editorial-policy.

## How to cite

CryptoCatalyst.news, "Hyperliquid Policy Center backs CFTC in fight over perpetual futures, asks court to drop CME’s case", 2026-09-10, https://www.cryptocatalyst.news/articles/2026-09-10-hyperliquid-policy-center-backs-cftc-in-fight-over-perpetual-futures-asks-court-