Hyperliquid Launches Policy Center With $29 Million Backing to Advocate for DeFi in DC
The post Hyperliquid Launches Policy Center With $29 Million Backing to Advocate for DeFi in DC appeared on BitcoinEthereumNews.com.
In brief Jake Chervinsky will lead the Hyperliquid Policy Center as CEO. The organization was funded with $29 million worth of HYPE tokens. The HPC plans to serve as a resource for policymakers. There’s a new heavyweight fighting for the future of decentralized finance on Capitol Hill. The Hyperliquid Policy Center, or HPC, announced its debut on Wednesday, positioning itself as a resource for U.S. policymakers on DeFi and derivatives like perpetual futures. In a press release, founder and CEO Jake Chervinsky said that blockchains are poised to become the bedrock of the financial system, and the U.S. must choose between adopting new rules to support the technology or to “wait and watch as other nations seize the opportunity.” 1/ I am proud to announce the launch of Hyperliquid Policy Center, where I will serve as CEO. HPC is an independent research and advocacy organization dedicated to ensuring that DeFi can flourish in the United States. The future of finance will be decentralized. https://t.co/ObDFGsjlwj — Jake Chervinsky (@jchervinsky) February 18, 2026 Chervinsky previously served as chief legal officer at venture capital firm Variant, which has invested in DeFi staples like Uniswap and Morpho. Prior to that, Chervinsky worked at the Blockchain Association, a nonprofit trade association based in Washington, D.C. The Hyper Foundation, which supports Hyperliquid, has contributed 1,000,000 HYPE to fund the center’s initial operations. That sum was worth around $29 million on Wednesday, with the exchange’s native token rising 22% over the past month, according to CoinGecko. The development underscores how Hyperliquid has evolved since the decentralized exchange specializing in perpetual futures debuted three years ago. Although the project was once viewed as a scrappy contender in the DeFi space built around a tight-knit community, some members are setting their sights on policy discussions among the country’s political…
Filed under: News - @ February 18, 2026 7:26 pm