Hyperliquid Launches $29M DeFi Lobbying Group to Shape U.S. Rules
Hyperliquid on Feb. 18 launched a $29 million lobbying effort under the Hyperliquid Policy Center, marking a sizable industry push into Washington. CEO Jake Chervinsky said financial markets are moving onto blockchains and that the U.S. must modernize its rules or cede leadership to friendlier jurisdictions. The funding signals a coordinated attempt by a major DeFi player to influence legislative and regulatory debates.
The move matters because upcoming policy choices will shape how decentralized finance scales, how consumer protections are implemented, and where crypto firms choose to locate. For HYPE watchers, the initiative could bring clearer regulatory frameworks that support growth, while also increasing scrutiny as regulators respond. Hyperliquid’s formalized advocacy reflects a broader trend of crypto companies professionalizing their policy engagement to secure a favorable operating environment.