UPDATED MON 19 OCT · 00:32 UTCLIVE
PolicyMedium

Hyperliquid CEO Lays Groundwork for U.S. Market Entry

Hyperliquid Labs co-founder Jeff Yan publicly stated on Bloomberg that VPN users violate its ToS, a move widely read as positioning the platform for compliant U.S. regulatory access.

What we know

An account on X reported that Hyperliquid CEO Jeff Yan made his Bloomberg podcast comments on October 15, explicitly distancing the platform from VPN-based U.S. access. The framing — that Americans using VPNs violate ToS — is a standard precursor move for exchanges seeking SEC or CFTC accommodation, signaling a potential formal U.S. launch path for the leading perps DEX.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.