According to The Block, Hyperliquid Policy Center CEO Jake Chervinsky stated that every single exchange will need to adopt public blockchain infrastructure in order to compete in the evolving market landscape. He emphasized this requirement as a necessary condition for onchain markets to operate effectively within the U.S. regulatory environment.
Chervinsky explained that beyond regulated perpetual contracts, onchain markets must enter the U.S. regulatory perimeter, a step he expects will occur soon. The comment reflects his view that integration with public blockchain infrastructure is essential for exchanges aiming to remain viable competitors.
