Hyperliquid Founder and CME Chief Split Over US Regulatory Compliance Burden
Key Highlights: Hyperliquid Labs co-founder and CEO Yan defended the platform’s architectural separation, comparing the underlying blockchain to base internet protocols rather than a traditional, regulated exchange. Terry Duffy, head of derivatives exchange operator CME Group, challenged the model on the Odd Lots podcast, raising concerns over know-your-customer (KYC) requirements, extreme leverage, and the risk ...
