Hyperliquid's recent involvement in Washington has highlighted that onshoring to the US in a compliant way is a priority; however, it is equally clear that Hyperliquid, as offered through its native non-KYC frontend, would not be compliant under US law. We believe the HPC's efforts highlight the route being taken to allow KYC'd access: permitting Hyperliquid's use where the companies providing access to it comply with regulation. With the enabling tools now on testnet (permissioned HIP-3 deployers, PA account control), we expect the implementation to give US investors compliant access to Hyperliquid's markets, while the protocol itself remains neutral infrastructure.