Hyperliquid Launches D.C. Policy Group as DeFi Talks Grow

HYPE-3,76%
  • Hyperliquid formed a D.C. nonprofit to engage Congress and federal regulators on DeFi rules.
  • Hyper Foundation pledged 1M HYPE tokens, about $28M, to fund advocacy.
  • The center will publish research, comment on rules, and address policy gaps for perpetual derivatives.

Hyperliquid launched the Hyperliquid Policy Center in Washington today to support clearer U.S. rules for decentralized finance. The nonprofit will focus on DeFi regulation and perpetual derivatives. According to statements shared on X, the effort brings Hyperliquid-linked policy work directly to U.S. lawmakers and federal regulators.

Policy Center Outlines Role in DeFi Regulation

The Hyperliquid Policy Center described itself as an independent research and advocacy group. According to CEO Jake Chervinsky, the organization aims to help DeFi operate within the U.S. regulatory system. He said financial activity already runs on public blockchains, while regulators now face key rulemaking decisions.

Chervinsky described Hyperliquid as a permissionless blockchain and a decentralized exchange built by U.S.-based developers. He noted that its liquidity rivals centralized platforms. However, he added that existing U.S. financial rules were not designed for decentralized systems.

Because of that gap, the policy center plans to work directly with Congress and federal agencies. Chervinsky said the group will address complex issues tied to decentralized markets. He also said the center will help policymakers better understand how DeFi infrastructure functions.

Hyper Foundation Backs Effort with HYPE Tokens

To support operations, the Hyper Foundation will contribute 1 million HYPE tokens, valued at about $28 million. Hyperliquid said the tokens would be unstaked later the same day. It added that the funding gives the Hyperliquid community representation in Washington.

The organization named its founding team alongside the funding announcement. Policy Counsel Brad Bourque previously worked at Sullivan & Cromwell LLP. Policy Director Salah Ghazzal previously served as policy lead at Variant.

The center said it will publish technical research and submit comments on proposed rules. It also plans to address questions around perpetual derivatives and decentralized trading. Additionally, it aims to act as a policy resource for lawmakers.

Broader Policy Activity Surrounds Launch

Hyperliquid founder Jeff Yan said the ecosystem needed a clear policy voice. He said Hyperliquid’s decentralized development model previously lacked unified representation. Yan added that education and advocacy will guide the new effort.

Chervinsky has also engaged in recent DeFi policy debates. During CLARITY Act discussions, he called for stronger protections for DeFi developers. He warned that weaker safeguards remain a major concern.

Separately, journalist Eleanor Terrett reported that the White House may hold another stablecoin yield meeting Thursday. According to her report, banks and crypto firms could attend, although plans remain unconfirmed.

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