Article

Hyperliquid established a Policy Center in Washington on February 18, funded with 1 million HYPE tokens valued at approximately $28 million. The center, led by Jake Chervinsky, aims to create a legal framework for perpetual derivatives in the US, emphasizing the need for clarity in the regulatory landscape. The initiative reflects a shift in DeFi advocacy towards proactive engagement with regulators as the industry navigates a complex environment of enforcement actions and legislative developments.