TechFlame News – According to Fortune, the decentralized derivatives trading platform Hyperliquid has officially established the Hyperliquid Policy Center in Washington, D.C., with veteran crypto lawyer Jake Chervinsky serving as its inaugural CEO. The center aims to create a legal pathway for the widespread adoption of DeFi in the United States, helping Congress and federal agencies understand the underlying technology of DeFi and providing professional support for regulatory rulemaking. Chervinsky noted that the current regulatory framework was developed in the analog era and cannot adequately cover new forms of trading, such as decentralized protocols. One of the center’s top priorities is to develop a legal framework for perpetual contracts. The Hyperliquid-affiliated foundation has donated 1 million native platform tokens, HYPE (currently valued at approximately $28 million), to support the center’s operations. The founding team also includes policy advisor Brad Bourque (formerly a lawyer at Sullivan & Cromwell LLP) and policy director Salah Ghazzal (former head of policy at Variant). The center is currently hiring for positions such as chief of staff, communications director, and head of government relations.