Bankless · Tuesday, July 7, 2026
Tushar Jain envisions a future where platforms like Robinhood, while maintaining their customer relationships, could route trading volume to Hyperliquid on the backend for liquidity. He acknowledged that regulatory clarity would be necessary for such a scenario but believes it's a plausible outcome for the evolution of financial services.
“And I can imagine a future where some of Robinhood's volumes end up actually trading on hyperliquid on the back end, where Robinhood owns a customer relationship, but then routes liquidity to the most liquid venue, which they already do to some extent.”
“I think they're going to need some more regulatory clarity before they can go and route to Hyperliquid, but that seems like a very plausible future state.”