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Fortune highly praises Hyperliquid, comparing it to Binance’s 2017 breakout debut, highlighting its multiple advantages as it enters the U.S. market.

2026.08.24 20:45:23

Fortune published an article titled "A New Crypto Giant Is Rising," praising Hyperliquid. At last week's SALT Conference, the premier crypto industry event held in Jackson Hole, Hyperliquid became the talk of the entire gathering. Since its launch in 2023, Hyperliquid has operated under an offshore model, but its team is accelerating efforts to establish a regulated business in the United States. Unlike most offshore firms that have stumbled in the U.S. market, Hyperliquid boasts multiple advantages: CEO Jeff Yan was born in the U.S., and it is reported that he has secured support for perpetual contracts from influential figures including former President Trump and the Chairman of the Commodity Futures Trading Commission (CFTC). The company's team also includes Schamis, who brings decades of credibility in traditional finance, and prominent crypto lawyer Jake Chervinsky, who is dedicated to building a legal framework for DeFi in the U.S. Fortune assesses that Hyperliquid could suddenly emerge as a major competitive threat to crypto giants such as Coinbase, Kraken, and Robinhood, much like Binance burst onto the scene in 2017.

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