Hyperliquid Policy Center urges CFTC to allow AI compute perpetuals

Hyperliquid Policy Center has asked the CFTC to allow U.S. futures and perpetual contracts tied to GPU rental prices and the cost of running AI models in an Oct. 20 letter. Summary Hyperliquid Policy Center wants U.S. futures and perpetuals tied to GPU rentals and AI inference costs. The group says perpetuals could help data centers and AI developers hedge ongoing price risks. Proposed safeguards include leverage limits, funding-rate caps and transparent pricing benchmarks. The letter supports dated futures for scheduled expenses, such as planned AI training runs. Hyperliquid Policy Center said data-center operators, lenders and AI developers need ways to manage computing-price risk, urging the agency to review contracts under its existing rules. CEO Jake Chervinsky and senior counsel Brad Bourque signed the response to the regulator’s request for comments on compute derivatives. Today, HPC filed a comment letter asking the @CFTC to bring compute perpetual contracts to U.S. markets.Data centers, their lenders, and the AI developers that rent compute all carry price risk, and the exposure runs around the clock with no fixed end date. Our comment explains… https://t.co/SpHZvLo5KR— Hy...