Unchained · Friday, August 28, 2026
Discussions around Hyper liquid's potential entry into the US market highlight the tension between regulatory compliance and user experience. While many desire frictionless access, the reality is likely to involve KYC and market surveillance, akin to Liyer's approach in Europe.
“I think there's one perception, maybe especially among retail that means that this means there's going to be full bore. Anyone in the US can just go use hyper liquid and it's going to be, you know, in your Schwab account. And that's like not going to happen.”
“I think it's going to look more like what Liyer did with Robin Hood and Europe where there's a KYC gated version of it, and maybe there's some interoperability, maybe you can use cloud across different deployments. But there's going to be some version of it that meets the standards of compliance that, you know, the US expects of new venues.”
“My take is the devil's in the details. Definitely everyone is aligned with trying to figure out how do you wrap your arms around the big complex new thing that everybody wants.”