# Hyperliquid Targets US FCM Regulation

> Hyperliquid aims to become a US futures commission merchant to bring on-chain finance to regulated markets.
- Title: Hyperliquid Targets US FCM Regulation · Pymnts | Shortify
- Summary: Hyperliquid aims to become a US futures commission merchant to bring on-chain finance to regulated markets.
- Keywords: hyperliquid, futures commission merchant, us regulation, perpetual futures, cftc, securities and exchange commission, Pymnts
- Source: Pymnts — https://pymnts.com/blockchain/2026/hyperliquid-wants-become-futures-commission-merchant-united-states
- Author: PYMNTS
- Published: 2026-11-06T17:49:33+00:00
- Read time: 1 min
- Topics: hyperliquid, futures commission merchant, us regulation, perpetual futures, cftc, securities and exchange commission, business, finance
## Hyperliquid seeks US FCM status
Hyperliquid Strategies wants to become a futures commission merchant regulated in the United States.
## CEO explains strategy
Hyperliquid CEO David Schamis says owning HYPE tokens captures protocol economics while setting up an FCM brings markets onshore.
## US regulatory push
White House aims to bring Hyperliquid into US legally with CFTC assistance while Trump seeks to expand perps markets.
## Regulatory shift
CFTC allows equity perpetual futures trading on registered exchanges to bridge securities and derivatives regulation.
## Key takeaway

Hyperliquid Strategies wants to become a US-registered futures commission merchant to enable regulated perpetual futures trading on its platform.