Hyperliquid Policy Center Proposes SEC Crypto Regulation Refinements
The Hyperliquid Policy Center has called for specific amendments to the SEC's proposed crypto asset regulations.
The Hyperliquid Policy Center has called for specific amendments to the SEC's proposed crypto asset regulations. Hyperliquid (HYPE) is trading at ₹7,503 ($78.83), up 0.2% since this brief published. This is an original Token Times brief synthesising 4 outlets (Crypto Economy, Crypto.news, Coinfomania, and others), plus live market data, as of Mon, 19 Oct 2026 16:15:02 UTC.
The proposed amendments could significantly impact how crypto assets are regulated, affecting airdrops, trading, and token buybacks, while potentially providing clearer guidelines for market participants.
- Hyperliquid Policy Center seeks SEC rule refinements on airdrops, trading, and token buybacks.
- Proposed changes aim to clarify safe-harbor eligibility and federal preemption rules.
- HPC's TVL stands at $326.49M, showing a slight 7-day decline.
- Broader crypto market remains strong with a $2.81T total market cap.
Crypto Economy, Crypto.news, and Coinfomania all report that the Hyperliquid Policy Center has requested the SEC to refine its proposed crypto asset regulations. The outlets agree on the key areas of concern: airdrops, secondary trading, token buybacks, safe-harbor eligibility, and federal preemption. However, Crypto Economy provides the most detailed breakdown of the requested changes, while Crypto.news and Coinfomania offer more concise summaries. No outlet contradicts the core requests, but the level of detail varies.
The 
Hyperliquid Policy Center has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) requesting specific refinements to the proposed Regulation Crypto Assets. The proposal outlines five key areas where the SEC's rules could be improved.
Firstly, the HPC seeks to exclude administrative steps for airdrops from the definition of 'consideration,' which could simplify the process for token distribution. Secondly, the group advocates for clearer rules that allow tokens to be traded through onchain protocols and other intermediaries if they are exempt from certain regulations.
Additionally, the HPC calls for more precise guidelines on safe-harbor eligibility, which would provide a clearer pathway for new crypto projects to operate without immediate regulatory scrutiny. The proposal also addresses token buybacks, urging the SEC to provide more detailed guidance on how these should be conducted to avoid potential legal issues.
The Hyperliquid Policy Center's request for federal preemption is another significant aspect of the proposal. This would ensure that state-level regulations do not conflict with federal rules, providing a more consistent regulatory environment for crypto assets across the United States.
As of now, the total crypto market cap stands at $2.81 trillion, with 
Bitcoin showing a 24-hour increase of 1.28%. The Fear & Greed Index is at 59, indicating a 'Greed' sentiment in the market. Hyperliquid's native token, HYPE, is currently priced at $78.69, with a 24-hour increase of 1.71% but a 7-day decline of 8.01%. The platform's Total Value Locked (TVL) is $326.49 million, showing a slight 7-day decrease of 0.6%.
Since this brief published about 2 hours ago, Hyperliquid (HYPE) has moved from ₹7,490.10$78.69 to ₹7,503.43$78.83 — +0.18%.
The chart plots HYPE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 HYPE ≈ ₹8,214.09 (about $78.83), up 2.1% over 24 hours. The rupee itself trades about 9.5% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 19, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Hyperliquid Policy Center Proposes SEC Crypto Regulation Ref — questions & answers
What specific changes does the Hyperliquid Policy Center want?
The HPC seeks refinements in airdrop rules, secondary trading, token buybacks, safe-harbor eligibility, and federal preemption.
How does this proposal affect the broader crypto market?
The proposal aims to provide clearer regulatory guidelines, potentially boosting market confidence and participation.
What is the current status of Hyperliquid's TVL?
Hyperliquid's TVL is $326.49 million, showing a 0.6% decline over the past week.
How much is 1 Hyperliquid worth in rupee today?
About ₹8,214.09 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $78.83. The rupee price moves with both HYPE's US-dollar price and the USDT/INR rate; use our Hyperliquid in rupee page for any amount.
Has Hyperliquid's price moved since this brief was published?
HYPE is up 0.18% since this brief first published — trading at ₹7,503 ($78.83) now versus ₹7,490 ($78.69) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Economy, Crypto.news, Coinfomania, The Cryptonomist, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.