Hyperliquid (HYPE) Rallies 2% as CFTC Approves First US Equity Perpetuals

The CFTC approved the first US equity perpetuals on November 3 under joint CFTC-SEC oversight. Hyperliquid (HYPE) gained more than 2% to around $86.83 following the approval. The move marks a regulatory milestone for crypto derivatives, potentially expanding market access. HYPE's rally reflects positive sentiment in the sector.