Building a transparent financial future requires a foundational commitment to ethical conduct and legal clarity. Hyperliquid Labs maintains a rigorous Trading Policy designed to ensure our team operates with a level of accountability that sets a benchmark for the industry.

All individuals associated with Hyperliquid Labs, including employees and contractors, are bound by strict ethical standards regarding the HYPE token:
+ Ban on Derivatives Trading: We strictly prohibit any team member from engaging in derivatives trading involving HYPE, which includes shorting or longing the token.
+ Zero Tolerance for Insider Trading: Trading based on material non-public information is fundamentally prohibited. This extends to sharing such information with third parties.

Integrity is non-negotiable at Hyperliquid Labs. Any violation of these policies is grounds for immediate termination and potential legal proceedings.

To address recent community inquiries regarding the address 0x7ae4c156e542ff63bcb5e34f7808ebc376c41028: this address belongs to an ex-employee who was terminated in Q1 2024. This individual is no longer associated with Hyperliquid Labs, and their actions do not reflect our team’s standards or values.

We believe the community deserves a team that is fully aligned with the long-term health of the ecosystem. We are committed to these principles and will continue to take decisive action to protect the integrity of Hyperliquid.