WALL STREET IS PUTTING PRESSURE ON HYPERLIQUID CME and ICE are reportedly pushing the CFTC to tighten oversight on Hyperliquid, fearing the platform could disrupt commodity markets, especially with 24/7 on-chain oil trading through the CL-USDC pair What worries TradFi: 24/7 trading No weekend gaps Lower fees Full on-chain transparency While Wall Street argues for tighter control, Hyperliquid claims blockchain transparency is far stronger than traditional closed financial systems If the CFTC steps in aggressively, this could become a major regulatory turning point for the entire DeFi derivatives sector, and potentially trigger heavy volatility for $HYPE This is no longer just about Hyperliquid… it’s becoming a battle between TradFi and on-chain finance $HYPE