Hyperliquid in France

The legal situation in France

France is not on Hyperliquid's restricted list and the frontend is not geoblocked. As an EU member state it applies MiCA (licensing for crypto-asset service providers; transitional periods ended by 1 July 2026) and the ESMA-coordinated national CFD measures, which ESMA said on 24 Feb 2026 likely cover crypto perpetual futures. The AMF keeps a dedicated blacklist of websites offering crypto-asset derivatives without authorisation (updated e.g. 6 July 2026); no AMF entry for Hyperliquid was confirmed in this research.

Key facts

• ESMA's 24 Feb 2026 public statement says crypto 'perpetual futures' are likely CFDs, so national CFD product-intervention measures apply: for retail clients of EU firms, leverage on crypto underlyings is capped at 2:1, with margin close-out and negative-balance protection.
• MiCA transitional periods ended EU-wide by 1 July 2026; crypto-asset service providers without MiCA authorisation must stop serving clients in the EU.
• The AMF maintains a 'produits dérivés sur crypto-actifs' blacklist of unauthorised sites offering crypto derivatives to French residents.
• The AMF told unlicensed platforms to apply a credible, immediately executable wind-down plan from 1 July 2026.
• Tax: gains from occasional crypto disposals by individuals fall under France's flat-tax (PFU) regime.

Getting started in France

Hyperliquid's terms do not restrict this country, but that is not the same as a local licence. Check the national position above, then follow our guides to sign up (code POLYGOLD gives 4% off fees), deposit and place a first trade. Profits may be taxable locally; keep records of every trade.

Sources

• amf-france.org
• quechoisir.org
• regulationtomorrow.com
• datalab.financemagnates.com
• blog.amlbot.com
• datawallet.com

General information, not legal advice. Check the regulator's own website before acting.

Frequently asked questions