
CME and NYSE just declared war on Hyperliquid
the timing isn't subtle:
> June 1: CME launches BTC Volatility Futures
> June 8: CME launches Crypto Index Futures
> Hyperliquid: 70% of on-chain perp volume
> Hyperliquid: ~$65M monthly fees
> Hyperliquid: 24/7 trading, CME closes overnight
HYPE -6% on the headline
competition wearing a regulator costume
not financial advice

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