What changed
‘Every single exchange’ will have to adopt public blockchain infrastructure to compete, Hyperliquid Policy Center CEO says Chervinsky says that beyond regulated perps, onchain markets need to enter the U regulatory perimeter, a step he expects will happen soon
Why it matters
Exchange operations around crypto markets can change volatility, liquidity, or sentiment. The concrete detail to watch is ‘Every single exchange’ will have to adopt public blockchain infrastructure to compete, Hyperliquid Policy Center CEO says
Trading lens
Use this as watchful context from theblock.co. Watch whether chervinsky says that beyond regulated perps, onchain markets need to enter the U confirms momentum, invalidates active bias, or changes timing.