Hyperliquid launches DeFi-focused policy shop led by prominent crypto lawyer Jake Chervinsky

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...