Hyperliquid has been added to the Monetary Authority of Singapore's (MAS) Investor Alert List, according to an official announcement by the project. The listing does not imply prohibition, enforcement action, or misconduct, but serves to inform the public that Hyperliquid is not licensed or regulated by MAS. Hyperliquid clarified that it operates as a permissionless on-chain infrastructure, with user assets fully self-custodied and transactions settled on-chain. The project remains committed to collaborating with global regulators to support a clear regulatory framework for on-chain finance.