Hyperliquid Could Be Bringing Perpetual Futures to US Customers Soon. Is HYPE a Buy, Sell, or Hold Right Now?

Hyperliquid's HYPE token has tripled in value this year on hopes that U.S. regulators will approve perpetual futures trading. The Trump Administration has urged the CFTC to bring HYPE to the U.S. market as a regulated token, though approval could take 10-12 months and may include restrictions like lower leverage limits. While U.S. approval could attract traders from competitors, the author recommends waiting for actual approval without crippling restrictions before investing.