What podcasts say about Jake Chervinsky
Every statement, with the speaker, the exact quote and the moment it was said.
What Jake Chervinsky has said on podcasts
13 statements · 12 positive · 1 neutral
Perpetuals are highly useful derivatives and should be classified as futures for broad U.S. access.
“my view... and the view of the Hyperliquid Policy Center is that they are an extraordinarily useful tool and a better derivative in many cases for many users than David Futures or Options and should be available to the broadest number of people, end users, and hedgers and speculators in the U.S. And for that reason, they should be classified as futures.”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 3:39
Perpetual contracts legally fit better within the futures category.
“they do really fall more into the bucket of futures”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 4:08
The CFTC authorized centralized exchanges to trade perpetual futures classified as futures.
“the CFTC has authorized the trading of perpetual futures and has classified them as futures for centralized exchanges”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 9:05
Perpetuals are better derivatives for many use cases than alternatives.
“perpetuals are in so many ways just a better derivative for many use cases”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 14:05
Perpetuals avoid expiration-date fragmentation and therefore provide deeper liquidity.
“They don't have fragmented liquidity across many expiration dates, so they have much deeper liquidity.”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 14:10
Perpetuals are simpler because they closely track their underlying asset’s price.
“They're a much simpler instrument to use because they very closely track the price of the underlying asset”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 14:16
Digital and non-digital underlying assets do not otherwise change derivative legal treatment.
“there really isn't any difference in terms of the legal treatment”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 15:04
The CFTC should evaluate perpetuals on physical commodities individually and cautiously.
“totally appropriate for the CFTC to take these assets one at a time and not move fast and break things”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 15:59
Hyperliquid is infrastructure usable by exchanges, not itself an exchange.
“Hyperliquid is not an exchange. Hyperliquid is infrastructure that any exchange can use in order to offer the best product or service to their customers.”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 22:53
Exchanges should use Hyperliquid to provide better customer products or services.
“You should be using Hyperliquid because it will enable you to offer a better product or service to your customer.”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 23:07
On-chain markets may address intermediary-related financial risk through software instead of regulation.
“viewing intermediaries as introducing risk into the financial system and viewing on-chain markets as a way to address that risk through software rather than through regulation”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 27:07
U.S. on-chain markets will initially offer perpetual futures through existing regulatory frameworks.
“we will start by having these products, perpetual futures, offered through the regulatory framework that the agency administers.”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 29:03
Regulators will authorize intermediaries to use better technology for improved services.
“we will see those intermediaries authorized to use better technology in order to improve the product and service that they offer.”
Open the episode · Why the Question Over How to Regulate Perps Has Turned Into a FightListen at 29:11
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.