Hyperliquid Responds to Inclusion in Singapore MAS Investor Alert List: Emphasizes Permissionless Nature and User Self-Custody

On June 26, 2026, Hyperliquid issued an official response via its X platform addressing its inclusion in the Monetary Authority of Singapore's (MAS) Investor Alert List (IAL). The protocol clarified that being added to the IAL does not constitute a ban, enforcement action, or violation determination, but is merely a list of entities that could be misperceived as holding an MAS license or being regulated by MAS. Hyperliquid noted that multiple major centralized exchanges and DeFi protocols have previously been placed on the same list, indicating this is not a targeted action. As a permissionless infrastructure, Hyperliquid has never claimed to possess an MAS license or obtained authorization from the regulator. The core protocol remains unchanged; users continue to maintain full self-custody of their assets, and all trades are settled transparently on-chain. Hyperliquid reaffirmed its commitment to collaborating with global regulators and institutions to support the creation of clear, well-designed on-chain financial regulatory frameworks.