Talking Tokens
Talking Tokens
September 17, 2026·23:51

What Hyperliquid Could Change About Traditional Markets | Jake Chervinsky

In today's episode of Talking Tokens, Jacquelyn sits down with Jake Chervinsky, founder and CEO of Hyperliquid Policy Center, to discuss how perpetual futures could move beyond crypto and what it would take to bring regulated onchain markets to the U.S

Jake breaks down why 24/7 price discovery matters, how perpetual futures could complement traditional derivatives markets, and why oil could be a natural next market for onchain trading. They discuss Hyperliquid's role as infrastructure for exchanges, the potential for regulated perpetual futures in the U.S., how onchain markets could improve liquidity and price discovery, and why not every traditional market necessarily needs to trade 24/7.

Timestamps 00:00 Jake Chervinsky and the Hyperliquid Policy Center   02:37 Why Jake believes in Hyperliquid   05:03 What makes Hyperliquid different   06:21 Taking perpetual futures beyond crypto   09:39 Perpetual futures explained   11:25 What 24/7 markets reveal about price discovery   13:01 Why pricing doesn't stop when markets close   14:08 Should every market trade 24/7?   16:01 Why oil could be the next market for perpetual futures   18:44 Who would use oil perpetuals?   19:18 What Hyperliquid could change about financial markets   21:00 Bringing regulated perpetual futures to the U.S.

New episodes every week  https://open.spotify.com/show/0LOgWxIQ0NnNUD5eXsSuoZ https://podcasts.apple.com/us/podcast/talking-tokens/id1743669141

Follow us  Jacquelyn on X: /jacqmelinek  Talking Tokens on X: /_talkingtokens  Talking Tokens on Instagram: /_talkingtokens

Follow Jake Chervinsky https://www.linkedin.com/in/jakechervinsky https://www.linkedin.com/in/jakechervinsky

This episode is sponsored by Forgd, visit its Market Maker Leaderboard on Token Relations here: www.stratamedia.co/token-relations/leaderboard

Today’s episode is sponsored by Anchorage Digital, America's first federally chartered digital asset bank and provider of regulated stablecoin issuance. To find out more, visit anchorage.com

This episode is brought to you by GSR, crypto’s capital markets partner, learn more at https://www.gsr.io/

JM
Jacquelyn Melinek

What Hyperliquid Could Change About Traditional Markets | Jake Chervinsky

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