Hyperliquid has launched a policy center in Washington D.C. to advocate for the regulation of decentralized finance. The Hyperliquid Policy Center aims to shape U.S. legislation at a critical juncture for digital asset rules.
Jake Chervinsky, former policy chief at the Blockchain Association, will lead the new organization. The center will focus on establishing clear regulatory pathways for DeFi innovation, particularly concerning perpetual derivatives and blockchain infrastructure.
Hyperliquid, a layer-1 blockchain and perpetual futures exchange, has seen significant growth as traders shift to decentralized platforms. The Hyper Foundation will provide 1 million HYPE tokens to fund the center’s operations, signaling a long-term commitment to policy engagement.
Chervinsky emphasized that thoughtful regulation is crucial for the U.S. to maintain its leadership in blockchain innovation, warning that inaction could cede ground to other nations. Hyperliquid co-founder Jeff Yan described the current policy environment as pivotal, noting the need for a unified voice from the crypto sector.
As Congress debates market structure and stablecoin legislation, Hyperliquid believes clear guidelines for perpetual futures and DeFi infrastructure will drive institutional adoption. The organization's experienced team, including policy director Salah Ghazzal and policy counsel Brad Bourque, brings significant expertise in crypto policy and financial law.