Trump endorsed Hyperliquid (HYPE) on August 19, 2026 at the White House during a meeting with executives from Coinbase, Ripple and Nasdaq. The token jumped 14% to nearly $71, now ranked tenth by market cap at $15.9 billion. This is his ninth crypto endorsement, with the previous eight now trading 60% below their pre-endorsement levels. Unlike previous cases, this one has actual regulatory machinery behind it: CFTC Chairman Michael Selig said he is working to bring Hyperliquid to the US in a fully compliant and legal fashion, and the agency approved US perpetual futures in May 2026.
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