
Hyperliquid has confirmed its inclusion on Singapore's Monetary Authority (MAS) Investor Alert List, emphasizing that the designation should not be viewed as a ban, finding of wrongdoing, or enforcement action.
According to the protocol, it has never claimed to hold an MAS license. It added that it will continue operating as a permissionless, self-custody platform while engaging with regulators across multiple jurisdictions.
At the same time, Hyperliquid acknowledged that the development could affect its future operational footprint, as a significant portion of its core team is currently based in Singapore.
Source: Hyperliquid