Trump hints CFTC working to bring Hyperliquid into US compliantly; HYPE jumps 18%

Published Aug 19, 10:48 PM UTC

On August 19, 2026, President Donald Trump hinted at press conference that the CFTC is working to bring Hyperliquid, a decentralized exchange owned by Hyperliquid Strategies (PURR), into the US in a compliant manner. This triggered a surge in Hyperliquid shares (up 30%) and its HYPE token (up 18%). Options volume spiked to eight times the 30-day average, with over 120,000 calls traded. Notably, heavy call buying occurred hours before Trump's announcement, including a $65,000 trade that gained $111,000 by close. Competitors like Cboe, Miami International Holdings, and CME Group fell. The article highlights potential insider trading concerns and the broader impact on crypto markets.