Cboe and Citadel Securities Are Suing to Overturn the CFTC's Approval of Stock Perpetual Futures. Could That Slow Hyperliquid?
Cboe and Citadel Securities filed a lawsuit hours after regulators approved stock perpetual futures for U.S. exchanges. The suit puts potential trading volume in legal limbo and raises questions about Hyperliquid’s offshore advantage.
Why it matters — The legal challenge could affect the path for stock perpetual futures on U.S. exchanges, a development relevant to Cboe.