Catenaa, Wednesday, February 25, 2026- Hyperliquid Foundation is creating the Hyperliquid Policy Center on Capitol Hill with a $29 million HYPE token donation to advocate for decentralized finance regulation.
The foundation donated 1 million HYPE tokens to fund the new independent research and advocacy organization. Leadership under Jake Chervinsky aims to provide DeFi stakeholders with a voice in Washington, D.C., and promote clear regulatory guidance.
The move coincides with ongoing legislative efforts in the U.S. to define digital asset oversight. Senate committees are advancing laws for the crypto industry, but issues such as stablecoin rewards remain unresolved, delaying wider adoption of the CLARITY Act.
Hyperliquid, a decentralized perpetual futures exchange, competes with centralized platforms like Coinbase, which has actively lobbied for crypto-friendly policies. The policy center will focus on ensuring decentralized finance can develop under consistent and well-defined rules, bridging the gap between innovators and regulators.
Chervinsky, who previously led Variant Fund’s legal team and serves as an advisor there, also holds a board position with the Blockchain Association, bringing experience in navigating legislative processes affecting digital assets.
