Hyperliquid is pushing to enter the US regulated market, potentially intensifying competition with platforms like Coinbase.
According to Fortune, Hyperliquid is accelerating its push into the US regulated market, with its affiliated publicly traded company, Hyperliquid Strategies, actively advancing its domestic compliance operations. Fortune noted that Hyperliquid has already established a strong market presence in perpetual contract trading and utilizes platform fee revenue to buy back and burn HYPE.