Woofun AI reports that Trump publicly endorsed Hyperliquid's entry into the U.S., stating CFTC chairman Michael Selig is working to bring the platform in a "fully compliant" manner.

The deeper driver is the White House meeting on August 19, where Trump discussed crypto and prediction markets with executives, noting the explicit political backing for regulatory integration.

Notably, the market reacted swiftly as HYPE token prices surged within the Hyperliquid ecosystem, while shares of Hyperliquid Strategies Inc., a digital asset reserve firm and listed vehicle, rose by 31% during trading.

Structurally, traditional financial exchanges suffered significant losses; Cboe Global Markets dropped by up to 6.1%, and CME Group's decline peaked at 3.4%, both hitting their lowest levels of the day.

A more critical variable is that Hyperliquid currently operates outside the U.S. and is not available to American traders, but once compliance is achieved, U.S. users will have the opportunity to use the platform legally within a regulated framework.

Per Woofun AI, the CFTC has recently set criteria for regulated U.S. platforms to offer perpetual contract products, providing a policy basis for Hyperliquid's path to compliance.

Hyperliquid is a rising star in the perpetual contracts space, founded by former Hudson River Trading trader Jeff Yan, with its main development entity Hyperliquid Labs registered in Singapore and running on its own blockchain.

Market growth drivers include strong demand for contracts linked to real-world assets such as stocks and commodities, attracting Wall Street attention; Joshua Lim from FalconX highlighted the "convergence" concept allowing 24/7 trading with margin management and settlement through crypto infrastructure.

Compliance challenges remain as decentralized core characteristics may conflict with regulatory requirements, but Ayesha Kiani from Monarq Asset Management noted that decentralized market infrastructure is increasingly becoming part of mainstream policy discussions, potentially expanding the customer base and access to capital.