Hyperliquid has stepped up outreach to U.S. regulators as it looks for path to U.S. markets. The CFTC and SEC will have a big role to play in shaping some of the fastest-growing parts of crypto, such as perpetual futures and vaults, which aren't covered by the Clarity Act. My interviews with Hyperliquid Policy Center and Morpho on their regulatory pathways: https://www.theinformation.com/articles/hyperliquid-looks-path-u-s-markets-perpetual-futures(Yueqi Yang)