20 Feb 2026: What's New in DeFi?

Even as spot prices of major cryptos have been lacklustre of late, the web3 world is still churning out major developments.

Here's a quick snapshot to help you catch up:

1) Hyperliquid has launched the Hyperliquid Policy Center in Washington, D.C., led by crypto lawyer Jake Chervinsky, to push a clearer U.S. regulatory path for DeFi.

A key focus is building a legal framework for perpetual derivatives, a major global crypto product still largely shut out of U.S. markets.