Jake Chervinsky, CEO of the Hyperliquid lobbying group "Hyperliquid Policy Center," posted on platform X, stating that front-end interfaces connecting to decentralized trading protocols should not be required to enforce KYC. U.S. law does not, and should not, compel non-custodial software developers to "monitor" users without a warrant, as financial privacy is a fundamental right. While regulators cannot turn a blind eye to illegal financial activities on-chain, even if their scale is far smaller than that of the traditional financial system (TradFi), the solution is not to simply apply outdated regulatory rules—which have excluded billions of people from the financial system—to new technologies that can offer better solutions.