WED 21 OCT 2026 · 1 MIN READ
A thin Wednesday: the one verified story is a push to let GPU rental rates trade as futures.
Hyperliquid Policy Center filed with the CFTC on Oct. 20. Other candidate stories did not clear sourcing and were dropped.
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Hyperliquid urges CFTC to allow GPU-hour futures
TakeawayHyperliquid Policy Center asked the CFTC to permit futures and perpetuals on GPU rental prices, answering the agency's August request for comment on compute derivatives.
- The letter cites Silicon Data: H100 marketplace rates fell from about $2.50-$3.19 per GPU-hour in H2 2024 to $1.92-$2.00 in H2 2025.
- It says most compute trades at private reserved or committed prices.
- It proposes leverage limits, position limits and open-interest caps.
AngleThis is an advocacy group's filing, not a rule, and the CFTC has not acted. The H100 slide is the pitch: owners and lenders carry rate risk with no hedge. Watch whether regulators accept a marketplace index as a settlement benchmark.
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