Hyperliquid News: HPC, trade[XYZ] Urge SEC on IPOPs Hyperliquid Policy Center and Trade[XYZ] filed a joint comment letter with the U.S. Securities and Exchange Commission on August 18, 2026. This Hyperliquid News report covers the letter, which asks the SEC to build a regulatory framework for pre-IPO perpetual contracts, known as IPOPs. The letter responds to SEC Chairman Paul Atkins' May 2026 call for ideas on IPO reform.Who Filed the Letter and WhyHyperliquid-Policy Center describes itself as an independent research group that supports regulated access to onchain markets, including those on Hyperliquid. Trade[XYZ] is the largest deployer under Hyperliquid Improvement Proposal 3 (HIP-3), the framework that lets independent builders launch perpetual markets on the Hyperliquid-blockchain.Detail Information Filed by Hyperliquid-Policy Center and trade [XYZ] Filed with U.S. SEC (File No. CLL-16) Date filed August 18, 2026 Addressed to Vanessa Countryman, Secretary of the Commission Core ask Regulatory framework for pre-IPO perpetuals (IPOPs)Source: Official LetterWhy the Letter Focuses on IPO PricingThis Hyperliquid News section outlines the pricing gaps the letter cites as evidence: The number of U.S. public companies has...
![Hyperliquid News: HPC and trade[XYZ] Send SEC Pre-IPO Perpetuals Plan](https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/hiWCAaMrWY5REhAEqS9jLEr9rJXJ5D5TieBIiFHQ.jpg)
