Hyperliquid Added to Singapore Investor Alert List, Says It Committed No Violations

Global decentralized exchange Hyperliquid has been added to an investor alert list by Singapore authorities.

BlockBeats and other outlets reported on June 26 that Hyperliquid was recently added to the Investor Alert List, or IAL, maintained by the Monetary Authority of Singapore.

Hyperliquid moved quickly to clarify that the listing does not mean it violated Singapore law or is subject to enforcement action. In a post on its official X account, the platform said the IAL lists entities that may be mistakenly perceived by the public as being licensed by or regulated by MAS.

It added that inclusion on the list does not mean an entity has been sanctioned or has broken the law.

Hyperliquid also said a number of major exchanges and decentralized finance protocols are already included on the IAL. The company said it has never claimed to be licensed or approved by MAS, and that no one should treat it as such. It added that there has been no change to the network itself.

The platform also stressed its willingness to cooperate with authorities. It said it will engage with regulators and institutions around the world in a cooperative and constructive manner and remain committed to supporting the development of regulatory frameworks for on-chain finance.