Hyperliquid Added to Singapore's Investor Alert List Amid Regulatory Scrutiny

Hyperliquid, a major decentralized finance (DeFi) protocol, has been added to Singapore's Investor Alert List by the Monetary Authority of Singapore (MAS). This move comes as MAS continues to oversee the country's digital-asset sector under a regulatory framework that distinguishes licensed firms from entities operating outside its authorization regime.

According to the source, Hyperliquid joins platforms including Binance, KuCoin, Bitget, and Bybit on the register. The listing is not a ban or enforcement action, but rather a public notice that the entity is not licensed or regulated by MAS based on information available to the regulator.

The addition of Hyperliquid marks one of the first instances of a major DeFi protocol appearing on the list. The project said its permissionless infrastructure remains unchanged, with users maintaining self-custody and transactions settling transparently on-chain.