Policy
Jake Chervinsky says Hyperliquid is infrastructure, not an exchange
Crypto Briefing·October 8, 2026·1 min read
Jake Chervinsky argues that Hyperliquid is infrastructure, not an exchange, a distinction that could drive widespread adoption of blockchain tech in exchanges. This framing may reshape regulatory and competitive landscapes, positioning Hyperliquid as a foundational layer rather than a regulated trading venue.
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