Updated Aug 20, 2026
/Huckabee says Türkiye not an imminent threat to Israel, flags broader regional anxiety/HYPE surges on Trump comment that CFTC is working to bring Hyperliquid to US/Treasury yields retreat from multi-year highs after department moves to double debt repurchase program/Moderna soars on cancer vaccine results; Cramer flags Target as profit-taking risk/Nvidia starts H200 deliveries to China while Iran escalation keeps traders on watch/Investors profit from soccer as Premier League club losses skyrocket/Huckabee says Türkiye not an imminent threat to Israel, flags broader regional anxiety/HYPE surges on Trump comment that CFTC is working to bring Hyperliquid to US/Treasury yields retreat from multi-year highs after department moves to double debt repurchase program/Moderna soars on cancer vaccine results; Cramer flags Target as profit-taking risk/Nvidia starts H200 deliveries to China while Iran escalation keeps traders on watch/Investors profit from soccer as Premier League club losses skyrocket
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HYPE surges on Trump comment that CFTC is working to bring Hyperliquid to US

WASHINGTON, Aug. 20. HYPE, the native token of the Hyperliquid decentralized exchange, surged after President Donald Trump said Commodity Futures Trading Commission Chair Mike Selig is working to bring the protocol to the United States in a "fully compliant and legal fashion."

By Mateo Fuentes2 min read
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Key takeaways

  • HYPE, the native token of the Hyperliquid decentralized exchange, surged after President Donald Trump said the CFTC is working to bring the protocol to the United States.
  • Trump said CFTC Chair Mike Selig is working to bring Hyperliquid to the US in a "fully compliant and legal fashion."
  • Trump named Selig directly but offered no timeline for the effort.
  • Trump's statement did not describe a registration pathway or specify how the CFTC would approach Hyperliquid's product structure.
  • No open interest data or funding-rate disclosures accompanied the president's remarks.

WASHINGTON, Aug. 20. HYPE, the native token of the Hyperliquid decentralized exchange, surged after President Donald Trump said Commodity Futures Trading Commission Chair Mike Selig is working to bring the protocol to the United States in a "fully compliant and legal fashion."

Trump named Selig directly and offered no timeline. The statement did not describe a registration pathway or specify how the CFTC would approach Hyperliquid's product structure.

Hyperliquid operates a decentralized perpetuals exchange. No open interest data or funding-rate disclosures accompanied the president's remarks.

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Frequently asked

Why did the HYPE token surge?

HYPE surged after President Donald Trump said CFTC Chair Mike Selig is working to bring the Hyperliquid protocol to the United States in a fully compliant and legal fashion.

Who is Mike Selig?

Mike Selig is the Chair of the Commodity Futures Trading Commission (CFTC), whom Trump named as working to bring Hyperliquid to the US.

What is Hyperliquid?

Hyperliquid operates a decentralized perpetuals exchange, and HYPE is its native token.

Did Trump provide a timeline or registration pathway?

No, Trump offered no timeline and his statement did not describe a registration pathway or specify how the CFTC would approach Hyperliquid's product structure.