Hyperliquid Launches Policy Center With $29 Million Backing to Advocate for DeFi in DC
The Hyperliquid Policy Center (HPC) has launched in Washington, D.C. as an independent research and advocacy group dedicated to promoting decentralized finance (DeFi) and derivatives such as perpetual futures in the U.S. Led by Jake Chervinsky, former chief legal officer at Variant and Blockchain Association alum, HPC aims to help lawmakers understand and develop supportive regulations for DeFi. The Hyper Foundation has funded HPC with 1,000,000 HYPE tokens, worth about $29 million, reflecting Hyperliquid’s growth as a leading decentralized exchange for perpetual futures. The center’s creation comes amid stalled congressional efforts to update U.S. market structure rules and rising regulatory scrutiny, including recent proposals that would require DeFi protocol front-ends to register and implement KYC measures. HPC distinguishes itself from traditional crypto lobbies by focusing specifically on decentralized market infrastructure and advancing the case for perps, which have no expiration and are central to Hyperliquid’s platform. Industry leaders believe demand for such products could push further adoption in mainstream finance if regulators provide clear guidelines.
