Hyperliquid Strategies Subsidiary Applies for CFTC Registration as an FCM, with Quarterly Revenue of 13.3 Million US Dollar

Hyperliquid Strategies (PURR), a digital asset treasury platform within the Nasdaq-listed Hyperliquid ecosystem, disclosed in its quarterly financial report ending September 30, 2026, that its subsidiary has formally submitted an application to register as a Futures Commission Merchant (FCM) with the U.S. Commodity Futures Trading Commission (CFTC). Upon CFTC approval, the FCM will onboard U.S. customer accounts for licensed markets under the HIP-3* framework, enabling regulated perpetual contract services for U.S. users. The company emphasized that the timing and outcome of the application remain uncertain, and no assurances can be provided. Financially, total revenue for the quarter reached $13.3 million—$12.3 million from HYPE token staking income and validator commissions, and $100,000 from other business activities.