Hyperliquid Explores U.S. Compliance Path via HIP-3 Permissioned Model

Hyperliquid is navigating regulatory challenges in the U.S. by transitioning from a permissionless infrastructure to a permissioned model under the proposed HIP-3 framework. Currently geoblocked in the U.S. due to conflicts between its decentralized architecture and traditional market structure laws, the platform aims to modernize regulatory frameworks. By separating roles into trading platforms, clearinghouses, and brokers, Hyperliquid seeks to align its modular stack with U.S. legal requirements. The Hyperliquid Policy Center is actively engaging with the