Today we filed a comment with @paradigm on @USTreasury's proposed rule for stablecoin issuers.
U.S.-regulated stablecoins power billions of dollars in daily trading, lending, and settlement.
Our comment offers recommendations to preserve their critical role in onchain markets.
Hyperliquid Policy Center
26 posts
An independent research and advocacy organization dedicated to advancing a clear, regulated path for Americans to access decentralized markets 🇺🇸
- We welcome today’s CFTC actions: approval of the first U.S.-listed perpetual derivatives contract, an accompanying Commission policy statement on the listing of perpetual derivatives, related interpretive guidance and no-action relief from the Market Participants Division, and a.@CFTC Issues Policy Statement Concerning the Listing of Perpetual Contracts: cftc.gov/PressRoom/Pres…
- Hyperliquid Policy Center repostedI spent the past few days in Washington with @HyperliquidPC meeting with policymakers during the historic advancement of the Clarity Act. We discussed Hyperliquid, the benefits that it offers to American consumers, and the regulatory path to bring onchain derivatives markets into
- Today, Bloomberg reported on certain incumbent traditional exchanges raising concerns about the integrity and impact of markets for perpetual derivatives on Hyperliquid. These concerns are unfounded. Hyperliquid offers enhanced market transparency, publishing a complete onchain
- The bipartisan passage of the Clarity Act out of the Senate Banking Committee is historic: the first time a comprehensive crypto market structure bill has advanced to the Senate floor. We appreciate all of the effort that went into this success, but more work is needed before
- HPC strongly supports @ChairmanSelig's vision for the future of onchain markets: “I think it’s really critical that we set in place clear regulations and clear statutory protections for software developers, for people who hold their own crypto assets through self-custody orAmericans deserve future‑proof digital asset market structure legislation that protects their right to self-custody crypto assets and transact peer-to-peer using blockchain networks. More on @1MarkMoss:
00:00 - Today, @SECPaulSAtkins laid out his priorities for providing clarity to onchain markets, including this on clearing and settlement: "When settlement is near-instantaneous and counterparty risk is managed algorithmically, the traditional clearing agency model requires fresh
- Prediction markets work better onchain. Our comment letter to the @CFTC explains why, and makes the affirmative case for a pathway for Americans to access decentralized prediction markets. Read about HPC’s submission here:
- Hyperliquid Policy Center repostedToday, DEF (@fund_defi) asked the SEC to codify the recent staff guidance on front-end interfaces and wallets through rulemaking. @HyperliquidPC strongly supports that effort. Here's what the statement says and why it matters for Hyperliquid. 🧵Non-custodial front-end interface providers are not brokers, as the SEC rightly clarified in its excellent Staff Statement on April 13. Today, HPC joined DEF (@fund_defi) and dozens of others in requesting that the SEC formalize that Statement in notice-and-comment rulemaking.
- Non-custodial front-end interface providers are not brokers, as the SEC rightly clarified in its excellent Staff Statement on April 13. Today, HPC joined DEF (@fund_defi) and dozens of others in requesting that the SEC formalize that Statement in notice-and-comment rulemaking.The SEC took an important step on UIs - and now we’re asking them to lock it in. On April 13, 2026, the SEC published a staff statement with a thoughtful, practical approach for distinguishing non-custodial user interfaces from activities that constitute broker-dealer activity.









