Hyperliquid Strategies Seeks CFTC Registration for U.S. Perp Markets
Hyperliquid Strategies filed to become an FCM while reporting $13.3 million in quarterly revenue.
Hyperliquid Strategies filed to become an FCM while reporting $13.3 million in quarterly revenue. Hyperliquid (HYPE) is trading at ₹7,346 ($77.70), up 0.9% since this brief published. This is an original Token Times brief synthesising 2 outlets (The Block, Blockonomi), plus live market data, as of Fri, 06 Nov 2026 02:00:01 UTC.
The CFTC filing seeks to extend the company's regulated-market ambitions to U.S. HIP-3 perpetual futures markets. Its reported financial results and Hyperliquid's declining market metrics provide context for the significance of that expansion.
- Hyperliquid Strategies filed with the CFTC to become an FCM
- Quarterly revenue reached $13.3 million
- Reported net income totaled $620.6 million
- HYPE fell 8.20% over 24 hours amid broad market weakness
- Hyperliquid to Launch CFTC-Regulated HIP-3 with Kraken Parent Payward
- Hyperliquid Strategies Seeks CFTC Registration for U.S. Perp Markets — this brief
- Hyperliquid Strategies Seeks US Futures Commission Merchant Registration
Hyperliquid Strategies has filed with the U.S. Commodity Futures Trading Commission to become a fully cleared FCM for markets associated with HIP-3 perpetual futures in the United States, according to The Block. The filing is a registration application rather than a reported approval, and no additional outlet covered the development independently.
The Block reported $13.3 million in revenue and $620.6 million in net income for the company’s reported quarter. The revenue figure came in the filing announcement’s headline, while the broader financial figures were included in the outlet’s summary; the available coverage does not provide a breakdown of revenue sources or details about the net income result.
Coverage remains limited to The Block, so the filing and both financial figures have not been independently corroborated in the supplied material. Hyperliquid Strategies’ move toward CFTC registration places the company alongside the regulatory framework for U.S. HIP-3 perpetual markets, which are the market category named in the filing.
The wider crypto market was broadly lower. Total market capitalization stood at $2.62 trillion, 
Bitcoin was down 5.50% over 24 hours, and the Fear & Greed index registered 28, indicating fear. HYPE traded at $76.98, down 8.20% over 24 hours and 16.02% over seven days, while DeFiLlama reported Hyperliquid TVL of $1.78 billion, an 11.2% weekly decline.
Since this brief published about 4 hours ago, Hyperliquid (HYPE) has moved from ₹7,277.46$76.98 to ₹7,345.53$77.70 — +0.94%.
The chart plots HYPE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 HYPE ≈ ₹7,879.17 (about $77.70), down 7.8% over 24 hours. The rupee itself trades about 7.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 6, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Hyperliquid Strategies Seeks CFTC Registration for U.S. Perp — questions & answers
What did Hyperliquid Strategies file with the CFTC?
It filed to become a CFTC-registered FCM for U.S. markets associated with HIP-3 perpetual futures.
What financial results did Hyperliquid Strategies report?
The Block reported $13.3 million in quarterly revenue and $620.6 million in net income.
How was the crypto market trading during the filing?
Bitcoin fell 5.50% over 24 hours, HYPE fell 8.20%, and the Fear & Greed index stood at 28.
How much is 1 Hyperliquid worth in rupee today?
About ₹7,879.17 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $77.70. The rupee price moves with both HYPE's US-dollar price and the USDT/INR rate; use our Hyperliquid in rupee page for any amount.
Has Hyperliquid's price moved since this brief was published?
HYPE is up 0.94% since this brief first published — trading at ₹7,346 ($77.70) now versus ₹7,277 ($76.98) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Block, Blockonomi, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.