Wintermute CEO says Hyperliquid will ultimately need KYC

Wintermute CEO Evgeny Gaevoy said the biggest concern about Hyperliquid is U.S. regulation, adding that the platform will ultimately need to implement KYC to comply and may have to become increasingly centralized to compete with traditional markets such as CME and Nasdaq, according to an interview with Wu Blockchain. Gaevoy said Hyperliquid has performed well in tokenized real-world assets, commodities, and stock token trading, but faces two long-term issues: regulation and throughput.