Justin Sun says Hyperliquid growth hinges on U.S. regulatory direction

Tron founder Justin Sun described Hyperliquid (HYPE) as one of the most notable projects to emerge in the current market cycle, Odaily reported. Sun said Hyperliquid opened new possibilities for the industry through U.S. equity perpetual futures, adding that if U.S. regulators allow the platform a regulatory exemption similar to Uniswap’s, many centralized exchanges could shift to a decentralized exchange model. He added that tighter regulation would put Hyperliquid under significant pressure. Sun also said Hyperliquid still lags locally compliant firms such as Circle in its regulatory response and operational capabilities in the U.S.