President Donald Trump said CFTC Chairman Michael Selig is working to bring Hyperliquid into the United States "in a fully compliant and legal fashion," clarifying the latest public account of the exchange's U.S. push after earlier conflicting references to SEC involvement. HYPE, the native token of the dominant decentralized perpetual futures exchange, rose more than 6% over 24 hours to about $68.19, lifting its market capitalization to roughly $15.1 billion and keeping it ranked tenth among crypto assets after overtaking Dogecoin in May. Trump made the remarks at a White House gathering of crypto and technology executives on Wednesday, Aug. 19, attended by SEC Chair Paul Atkins, Selig and executives from Coinbase, Ripple and Nasdaq, according to Sinclair coverage. Hyperliquid currently blocks U.S. users as restricted persons under its terms of use, but a legal domestic route could open access to the world's deepest derivatives market and add trading volume and fees to the ecosystem. Markets are now focused on Selig's expected comments on Thursday and the CFTC's first Innovation Advisory Committee meeting, while questions over registration, know-your-customer checks, leverage limits and how those rules apply to a non-custodial, on-chain order book remain unresolved.