Hyperliquid推动SEC修改链上交易规则
Hyperliquid Is Pushing the SEC to Make On-Chain Trading Easier
Hyperliquid Is Pushing the SEC to Make On-Chain Trading Easier
Hyperliquid 正推动美国证券交易委员会简化链上交易流程
.@HyperliquidX is taking a proactive approach to U.S. regulation, pushing the SEC to update rules that could limit on-chain markets.
.@HyperliquidX 正采取主动姿态应对美国监管，推动 SEC 更新可能限制链上市场的规则。
Through the Hyperliquid Policy Center, it is advocating for two key changes:
通过 Hyperliquid 政策中心，它正倡导两项关键变革：
1⃣ Remove Rule 611 HPC argues the Trade-Through Rule was built for traditional exchanges and does not fit 24/7 blockchain markets, where prices come from on-chain order books, AMMs and oracles.
1⃣ 移除规则 611 HPC 认为，穿透式交易规则是为传统交易所设计的，并不适用于 24/7 全天候的区块链市场，在那里价格来源于链上订单簿、AMM 和预言机。
2⃣ Create rules for pre-IPO perps HPC is also pushing for a clear framework for perpetual contracts linked to private companies, giving markets a way to discover prices before an IPO.
2⃣ 为 IPO 前永续合约制定规则 HPC 也在推动建立与私营公司挂钩的永续合约的明确框架，为市场在 IPO 前提供价格发现途径。
This directly supports Hyperliquid’s core vision: bringing more financial markets on-chain.
这直接支持了 Hyperliquid 的核心愿景：将更多金融市场引入链上。
Clearer rules could help Hyperliquid expand beyond crypto into equities, commodities, indices and other RWAs, while potentially opening the door to more U.S. users and institutions.
更清晰的规则可能帮助 Hyperliquid 将业务从加密货币扩展到股票、大宗商品、指数及其他现实世界资产，同时可能为更多美国用户和机构打开大门。
Nothing is approved yet, but the strategy is clear:
目前尚无任何批准，但策略已明确：
Hyperliquid is not waiting for regulation to catch up. It is actively trying to shape the rules around the future of on-chain trading.
Hyperliquid 并未坐等监管跟上步伐，而是积极尝试塑造围绕链上交易未来的规则。
更进一步：量化金融体系
看懂新闻只是起点——沿量化金融路径，把它变成能交付的工程能力