Decentralised exchange Hyperliquid has established a research and lobbying group based in Washington, D.C., with the goal of influencing the future regulatory environment for decentralised finance in the United States.
The Hyperliquid Policy Center, a recently established organization, will concentrate on developing policies pertaining to onchain trading infrastructure, blockchain derivatives markets and decentralised exchanges. The initiative will be run by Jake Chervinsky, a well-known cryptocurrency lawyer and former head of policy at the Blockchain Association.
The launch comes as politicians and regulators in the United States are engaged in a heated discussion about how to keep an eye on bitcoin futures and DeFi trading platforms. One of Hyperliquid’s main products, perpetual futures, which historically operated in a regulatory grey area, permit traders to retain leveraged positions with no expiration dates.
Users can trade perpetual futures directly on blockchain infrastructure without the need for centralised middlemen thanks to Hyperliquid’s decentralised exchange.
Transactions are carried out and settled onchain rather than through conventional brokers or clearing houses. The platform has grown quickly. Over the past one month, it has processed $6.6 billion in spot trading and over $250 billion in perpetual futures trade.
The Hyper Foundation is providing one million HYPE tokens, worth about $29 million, to fund the policy center. In order to develop regulatory strategies that are suited to decentralised systems, the group intends to carry out research, write policy papers and hold meetings with legislators.
The project enters the already crowded field of crypto policy, which is populated by organisations like the Blockchain Association and the DeFi Education Fund. Nonetheless, Hyperliquid’s large funding indicates a strong dedication to policy advocacy.
Chervinsky underlined that the advantages of efficiency and transparency are driving financial markets to move more and more to public blockchains. He maintained that in order to guarantee that innovation stays in American borders rather than moving abroad, regulatory certainty is crucial.
The opening of the policy center emphasises how crucial regulatory involvement is becoming for decentralised platforms looking for institutional involvement and long-term credibility.
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