Hyperliquid Policy Center submitted a statement to the first meeting of the CFTC Innovation Advisory Committee, arguing that perpetual contracts should be incorporated into the U.S. regulated market. The group said perpetuals play a central role in global derivatives markets and are core to the committee’s innovation agenda. The statement said perpetual contracts can serve the risk management needs of a wide range of market participants, while the committee’s innovation-focused approach could support the market’s development in the United States. It also said on-chain infrastructure can help modernize the U.S. derivatives market within existing legal and regulatory frameworks.