Crypto platform Hyperliquid has launched the Hyperliquid Policy Center in Washington, DC, to advocate for decentralised finance policy at what it described as a critical moment for US regulation.
The new organisation named veteran crypto lawyer Jake Chervinsky as founder and chief executive, and said it will push for “a clear, regulated path for decentralised finance to thrive in the United States,” with a focus on perpetual derivatives and blockchain-based financial infrastructure.
Hyperliquid is a layer-1 blockchain and perpetual futures exchange that has gained traction as traders shifted toward commodities trading during a broader market downturn, and it is also expanding into prediction markets.
The Hyper Foundation, which backs the platform, will contribute 1 million HYPE tokens to fund the launch of the policy center.
Chervinsky said blockchain-based financial infrastructure offers “efficiency, transparency, and resilience that legacy systems cannot match,” adding that the United States must choose whether to adopt rules that allow the innovation to thrive domestically.
Hyperliquid co-founder and chief executive Jeff Yan described the current moment as a “critical time in policy discussions,” saying global financial regulation will be shaped in the US and that the sector needs a unified voice in Washington.
The move comes as Congress debates legislation defining how crypto markets should be regulated, with disagreements over stablecoin provisions contributing to delays in the Senate.
At the time of reporting, Hyperliquid price was $28.73.