{"1ed82898ae88e00054f0da4128e563df":"OKX CEO Star Xu has praised Hyperliquid\u2019s success in the on-chain perpetuals space and noted that the platform achieved massive success with very few employees.","c92433d19f8640190e2b7bbd34046308":" Summary ","55f3ecad389a8db8825f0d676db61fcd":" OKX CEO highlights Hyperliquid\u2019s success and regulatory barriers to mainnet launch. ","edf6c36989322e066d9372c9e6f44ba8":" CFTC enforcement actions on DeFi keep exchanges cautious on perpetuals rollout. ","463bbb1be24d379299cc3a3b742f097c":" Arthur Hayes predicts HYPE may hit $5,000 by 2028. ","d3d17f95314553c97b4524be625bd451":" You might also like: Crypto VC Funding: Capital B secures $68.85m, Finary bags $29.4m ","804aeb02ad994e539fdfacf99a659dc0":"OKX CEO points to regulatory enforcement as market barrier ","1fd452e3f2f781267c7b07a93a6bd23f":"Xu\u2019s comments come as HYPE (HYPE) token reached a new all-time high of $59.30 on September 18, jumping over 30% in the last 30 days.","4e3b9dbe3000c3f489c932fea75e65be":"Xu revealed that OKX Web3 has been testing a similar product since 2023 but chose not to launch on mainnet due to regulatory concerns.","78b7b461f6e651d54d9155fa3fe81be8":"He pointed to the CFTC\u2019s 2023 enforcement action against Deridex as a key factor.","04d085adeb83c6a159f7f07464ec6c57":"The OKX CEO shared CFTC enforcement data showing charges against Opyn, ZeroEx, and Deridex for failing to register as swap execution facilities, designated contract markets, or futures commission merchants.","c4ba264b9ae99f97d4579c8ee0255be7":"The companies were also charged with illegally offering leveraged and margined retail commodity transactions in digital assets without proper registration.","85045afd63614f072af1b35c19cdad1e":" Hyperliquid proved that massive success in onchain perps can be achieved with very few employees. Now, more competitors like $Aster are stepping into the space. OKX Web3 has been testing a similar product since 2023, but we chose not to launch mainnet due to regulatory concerns.\u2026","4fadbba9fb9eeb1ff27f1931930b9838":"\u2014 Star (@star_okx) September 21, 2025","dbd8411dafab176b9edba263115cc4aa":"Xu expressed hope that the industry will soon gain much-needed regulatory clarity which will allow platforms like OKX to safely enter the on-chain perpetuals market.","c1bc01636ede6fbb825e12469b5cea10":"Meanwhile, he noted that more competitors like Aster are stepping into the space following Hyperliquid\u2019s success.","2f0069d451409c6839922eb308629a5f":"The CFTC\u2019s enforcement actions against DeFi platforms have created a cautious atmosphere.","f8368fc829d2e5dac34e62a75d97b90a":"The charges centered on failures to comply with traditional financial regulations adapted for digital assets. This includes lack of proper customer identification programs needed under Bank Secrecy Act compliance.","fcadf916c06aa57678b3db8aedebc890":" You might also like: NFT sales jump to $109.8m, CryptoPunks recover 136% ","059642bcf60cb7894a2f83f037a21640":"Arthur Hayes predicts $5,000 HYPE target by 2028 ","472645737a5208968e8e8d4968177793":"BitMEX co-founder and Maelstrom CIO Arthur Hayes has made one of his most aggressive cryptocurrency predictions. He suggested that HYPE could reach $5,000 by 2028.","8dc651fc5542c03e747b7bf77e23579d":"Hayes shared his bullish thesis during multiple September 2025 appearances, including the WebX 2025 conference in Tokyo and a podcast interview with Kyle Chasse.","810405526b80eed17181b9326280bde1":" \ud83d\udea8 THE $HYPE IS REAL@CryptoHayes says @hyperliquidx\u2019s tiny team ships faster than giants. Already leading in leverage, moving into spot + permissionless listings.Goal: beat Binance. Risk: Nov unlock. Upside: 100x by 2028, even $5K token.Watch the full interview with\u2026 pic.twitter.com\/KSSADr2sWs","f3cb326f9001394ab8bec94a895135fc":"\u2014 Kyle Chass\u00e9 \/ DD\ud83d\udc38 (@kyle_chasse) September 14, 2025","4482073337bb96bea16fdb83f07d14fd":"His prediction builds on earlier remarks where he suggested HYPE could see a 126-fold gain within three years. Hayes\u2019 $5,000 target would be an 84x to 86x increase from current levels.","7b4a0f2842147ae2ec5761ddf42f44e4":" Read more: BitGo IPO, Dogecoin ETF debut, FTX distributes $1.6b to creditors | Weekly Recap "}