Hyperliquid Faces Regulatory Risk Despite $223 Billion in 30-Day Volume, Ran Neuner Says

Crypto Banter founder Ran Neuner said regulation is Hyperliquid's biggest risk, even as the perpetual DEX leads the sector with about $223 billion in trading volume over the past 30 days. According to NS3.AI, Neuner said regulators are likely to turn their attention to decentralized platforms after setting rules for centralized exchanges. He added that Hyperliquid's network effects make it difficult for competitors to challenge its position. U.S. President Donald Trump said CFTC Chair Michael Selig was working to bring Hyperliquid into the US in a fully compliant and legal fashion.