Britain’s financial regulator has placed Hyperliquid and the Hyper Foundation on its warning list, citing possible unauthorized financial services in the UK.
The Financial Conduct Authority issued the notice on May 21. It advised UK users to avoid the firm and warned of lost access to the Financial Ombudsman Service and the Financial Services Compensation Scheme. Hyperliquid operates a decentralized derivatives exchange focused on perpetual futures. The platform has expanded into synthetic markets for stocks, commodities and private companies, reaching $3 billion in real-world asset open interest. The action follows concerns raised last month by CME Group and Intercontinental Exchange with the Commodity Futures Trading Commission over potential market risks. Hyperliquid maintains it offers full on-chain transparency and blocks direct US access. Its token HYPE has traded lower in recent sessions.
