Wu Blockchain (@WuBlockchain): The US Allows Perps, but Onchain Perps Are Still a Different Matter
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
The US Allows Perps, but Onchain Perps Are Still a Different Matter On September 7, 2026, Jake Chervinsky @jchervinsky , CEO of the Hyperliquid Policy Center, said in an interview with The Rollup that the U.S. has allowed exchanges to offer bitcoin perpetuals, but onchain perps face a different regulatory challenge. He noted that the CFTC has approved Coinbase and Kraken to offer bitcoin perps, but the approvals still apply to traditional centralized exchanges, leaving permissionless blockchains like Hyperliquid without a clear compliance path. He said the key goal is to bring onchain markets into the U.S., rather than simply returning perpetuals to traditional market structures.