In less than three years, Hyperliquid has become one of the dominant players in crypto trading, notching volumes that rival long-established exchanges like Binance and Coinbase. Now, the firm is looking to flex its political muscle, too. On Wednesday, the Hyperliquid Policy Center launched in Washington, D.C., with the goal of creating a legal pathway for widespread decentralized finance, or DeFi, adoption in the United States.
The inaugural CEO of the new body is Jake Chervinsky, a longtime cryptocurrency lawyer who has played a key role in helping the industry find its footing on Capitol Hill. He has previously held top positions at the Blockchain Association trade group and the venture firm Variant, and worked as an associate at Baker McKenzie.
