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Hyperliquid Founder Advocates for Regulation of Operators, Not Platform

Published

15 October 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at forklog.com →

◆ Verified

Fusion42 · 16 October 2026 · Fusion42 review

The founder of Hyperliquid, Jeff Yan, advocates that U.S. regulation should target the operators running trading markets on the platform rather than the decentralized exchange itself, allowing traditional firms to build on Hyperliquid technology without direct regulation of the DEX.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You face a shift where regulators may oversee the companies using the trading technology, not the platform itself. This opens a pathway for you to build compliant trading products on Hyperliquid without the DEX being treated as a traditional exchange.

◆ Coverage

1 source · 15 Oct 2026

◆ Related on Wire

◆ Topics

Fintechhyperliquidus-regulationdexcryptocftc