Hyperliquid Country Restrictions: US and Ontario Blocked — Who Can Access It
Hyperliquid blocks US residents and Ontario (Canada) by IP with no KYC warning. Full table of restricted jurisdictions, the US regulatory path, and country-specific access answers for UK, EU, Canada, Australia, and Singapore.
We receive a share of the fees you pay. You still pay less than you would signing up directly.
Hyperliquid is a decentralised exchange, which changes the shape of the access question. There is no account application to be rejected and no identity check that stops you at the door. What exists instead is front-end geoblocking and a set of terms you agree to when you use the interface.
That difference matters, because it means the responsibility for knowing whether you should be there sits with you.
Nothing verifies your residence
There is no KYC and no suitability check, so nothing on the exchange confirms whether your jurisdiction restricts this before you deposit. Checking is on you, and this page is where to start.
How access actually works
The protocol itself is a set of contracts on a chain. It does not know or care where you are. What blocks users is the web interface — the site checks your IP and refuses to load the trading app from restricted jurisdictions.
Three practical consequences:
- The block is at the interface, not the protocol. Other front-ends built on the same protocol may have different restrictions.
- There is no KYC, so nothing verifies your residence, and nothing warns you before you deposit.
- The terms of service still bind you. Using a VPN to bypass a geoblock is a breach of terms wherever the terms prohibit it, regardless of whether it technically works.
Who is excluded, under the terms
Hyperliquid’s terms of use define a category of Restricted Persons and bar them from the interface. It has two parts.
By jurisdiction. The United States and Ontario are named. Ontario is a province of Canada — the restriction applies to Ontario specifically, not to Canada as a whole. The US restriction is not the exchange’s preference; retail access to offshore perpetual futures is limited by CFTC rules.
The US position is now the subject of an active policy effort. On 19 August 2026, President Trump said the CFTC is working to bring Hyperliquid into the United States “in a fully compliant and legal fashion”, and the CFTC chair has said the agency is drafting a framework tailored to on-chain perpetuals. As of this update, nothing has changed in practice: there is no filing, no approval and no date, the interface still blocks US IPs, and the terms still name the United States. When that changes, this page will say so.
By sanctions and export control. This part is not a fixed list. It refers out to OFAC and equivalent programmes, which change. In practice it covers North Korea, Iran, Cuba, Syria, Russia, and the Russian-occupied Ukrainian regions.
The terms you accept in the interface are the authoritative version and they change over time. The above is a summary, not a substitute for reading them.
Jurisdictions at a glance
The terms name two jurisdictions explicitly, then refer out to OFAC and equivalent sanctions programmes. This table covers only what is directly stated or implied by those references — it is not a complete list of every country.
| Jurisdiction | Interface | Basis |
|---|---|---|
| United States | Blocked | Named in terms; CFTC rules limit offshore retail perp access |
| Ontario, Canada | Blocked | Named in terms; other Canadian provinces are not named |
| Russia | Blocked | OFAC sanctions |
| Iran | Blocked | OFAC sanctions |
| North Korea | Blocked | OFAC sanctions |
| Cuba | Blocked | OFAC sanctions |
| Syria | Blocked | OFAC sanctions |
| Crimea and Russian-occupied Ukrainian regions | Blocked | OFAC sanctions |
| United Kingdom | Accessible | Not named in terms; FCA derivative rules apply separately |
| Rest of Canada (outside Ontario) | Accessible | Ontario restriction is province-specific |
| European Union | Accessible | Not named in terms; member-state derivative rules may apply |
| Australia | Accessible | Not named in terms; ASIC derivative rules apply separately |
| Singapore | Accessible | Not named in terms; MAS rules on retail derivatives apply separately |
| Japan | Accessible | Not named in terms; FSA registration requirements for crypto service providers apply separately |
| South Korea | Accessible | Not named in terms; FSC rules on virtual asset service providers apply separately |
| India | Accessible | Not named in terms; RBI and SEBI rules on crypto derivatives apply separately |
| Brazil | Accessible | Not named in terms; CVM and BCB rules on virtual asset trading apply separately |
| Hong Kong | Accessible | Not named in terms; SFC licensing framework for virtual asset exchanges applies separately |
Unlisted countries are not necessarily unrestricted. OFAC and equivalent sanctions lists change without notice, and the terms themselves can change. The practical test is whether the interface loads from your IP, and that is not a legal opinion about whether you should be using it.
How to check your own case
The practical test takes a minute and beats any table we could publish:
- Open the trading interface. If your jurisdiction is blocked at the front-end, it will not load the app. This is the fastest signal available to you.
- Read the terms you are being asked to accept, and look for the restricted-jurisdiction clause. This is the document that actually binds you.
- Do not treat “it loaded” as permission. The block is at the interface and the geoblock is imperfect. A page rendering is not a legal opinion about your jurisdiction, and it certainly is not one about your tax position.
If your country is restricted, the honest answer is that this site cannot help you get around it, and we are not going to suggest workarounds.
If you are somewhere it works
There is no signup form. You connect a wallet, deposit USDC, and you are trading. This is faster than any regulated venue, and the absence of friction is worth pausing on: there is no broker doing a suitability check, no cooling-off period, and nobody who will stop you from putting your account on 20x leverage on day one.
Before you trade, the complete fee schedule covers entry-tier costs, volume tiers, and HYPE staking discounts.
The protections you give up are real ones. There is no compensation scheme, no ombudsman, and no regulator to complain to if something goes wrong.
Tax
Being unregulated where you live does not make gains untaxed where you live. Most jurisdictions treat derivative gains as taxable regardless of where the venue sits, and the absence of a broker means nobody files anything on your behalf — the record-keeping is entirely yours. Talk to someone local; this is not something a website can answer for your situation.
Common questions
Does Hyperliquid require KYC?
No. You connect a wallet and deposit USDC. There is no identity verification, which also means nothing verifies your residence or warns you if your jurisdiction is restricted.
Can I use a VPN to access it?
Technically the block is at the web interface rather than the protocol. But using a VPN to bypass a geoblock breaches the terms of service wherever those terms prohibit it, regardless of whether it works, and we do not suggest workarounds.
Which countries are restricted on Hyperliquid?
The terms of use define a Restricted Persons category naming the United States and Ontario, plus jurisdictions under sanctions and export control. That second part is not a fixed list — it refers out to OFAC and equivalent programmes, which in practice cover North Korea, Iran, Cuba, Syria, Russia and the Russian-occupied Ukrainian regions.
Is it available in the United States?
No. The United States is named in the terms of use, and retail access to offshore perpetual futures is limited by CFTC rules rather than by the exchange's preference. Ontario is named alongside it. As of August 2026 the CFTC is publicly working on a compliant path for Hyperliquid to enter the US, but no filing or approval exists yet and the restriction still applies.
Is Hyperliquid available in Canada?
Ontario is named as a restricted jurisdiction in the terms of use. No other Canadian province is explicitly named. Whether the interface loads from a given province depends on IP geoblocking, which may differ from what the terms list. If you are in Ontario, the restriction applies in the same way it does for US users. If you are in another Canadian province, you are not explicitly restricted by the terms — but the practical test is whether the interface loads from your IP, and nothing verifies your residence before you deposit.
Is Hyperliquid available in the UK?
The UK is not named in the terms of service as a restricted jurisdiction, and the interface loads from UK IPs. That said, UK residents dealing in leveraged derivatives have a separate regulatory position under FCA rules that has nothing to do with whether Hyperliquid's terms permit access. Being able to load the interface is not a legal opinion about your situation.
Do I owe tax on gains if it is unregulated where I live?
Almost certainly yes. Most jurisdictions tax derivative gains regardless of where the venue sits, and because there is no broker, nobody files anything on your behalf. The record-keeping is entirely yours.
What protections do I give up?
There is no compensation scheme, no ombudsman, and no regulator to complain to. If something goes wrong, there is no recourse mechanism of the kind a regulated broker provides.
Is Hyperliquid available in Australia?
Australia is not named as a restricted jurisdiction in Hyperliquid's terms of use, and the interface is accessible from Australian IPs. Australian residents trading leveraged derivatives operate under ASIC rules — accessing the interface is not the same as having regulatory permission to use it.
Is Hyperliquid available in the EU?
No EU member state is named as a restricted jurisdiction in the terms of use, and the interface loads across the EU. EU residents dealing in leveraged crypto derivatives are subject to rules that vary by member state. Being able to access the interface is not a legal opinion about your situation.
Is Hyperliquid available in Singapore?
Singapore is not named as a restricted jurisdiction in the terms of use, and the interface is accessible from Singapore IPs. Singapore's MAS has a specific position on retail access to leveraged crypto products that is separate from exchange-level geoblocking. Accessibility is not the same as regulatory permission.
Is Hyperliquid available in Japan?
Japan is not named as a restricted jurisdiction in the terms of use, and the interface is accessible from Japanese IPs. Japan's FSA maintains specific registration requirements for crypto asset service providers operating toward Japanese users. Whether a foreign, non-registered exchange can legally serve Japanese residents is a separate regulatory question from whether the interface loads.
Is Hyperliquid available in South Korea?
South Korea is not named as a restricted jurisdiction in the terms of use, and the interface is accessible from Korean IPs. South Korea's FSC has rules on virtual asset service providers that apply to platforms serving Korean users. Accessibility from a Korean IP is not the same as compliance with those rules.
Is Hyperliquid available in India?
India is not named as a restricted jurisdiction in the terms of use, and the interface is accessible from Indian IPs. India's regulatory position on leveraged crypto derivatives is unsettled — RBI and SEBI have each issued guidance on crypto products, and the applicable rules for offshore perpetuals are not clearly defined. Being able to load the interface does not resolve that uncertainty.
Is Hyperliquid available in Brazil?
Brazil is not named as a restricted jurisdiction in the terms of use, and the interface is accessible from Brazilian IPs. Brazil's CVM and the Banco Central do Brasil oversee virtual asset service providers. Accessibility from a Brazilian IP is not a legal opinion about whether using an offshore perpetuals exchange complies with Brazilian financial regulation.
Is Hyperliquid available in Hong Kong?
Hong Kong is not named as a restricted jurisdiction in the terms of use, and the interface is accessible from Hong Kong IPs. Hong Kong's SFC has established a licensing framework for virtual asset exchanges, and its rules on retail access to crypto derivatives are distinct from exchange-level geoblocking. Being able to load the interface is not a substitute for checking your position under SFC rules.
Change record
- Added Japan, India, South Korea, Brazil, and Hong Kong to the jurisdiction table and FAQ. Each is accessible by IP and not named in the terms of use; local regulatory notes added.
- Added jurisdiction status table covering named restrictions and OFAC-linked countries. Added access FAQs for Australia, EU, and Singapore. Replaced the 'why no table' callout with explicit sourcing notes on the table itself.
- Added FAQ answers for Canada (Ontario restriction is province-specific, not country-wide) and the UK (not named in the terms, interface accessible). Clarified in the body that Ontario is a province and the restriction does not cover all of Canada.
- Noted the active US policy effort: on 19 August 2026 President Trump said the CFTC is working to bring Hyperliquid into the US in a fully compliant fashion. The restriction itself is unchanged — no filing, approval or date exists and US IPs remain blocked.
- Named the restricted jurisdictions instead of declining to. Quotes the Hyperliquid Foundation's own restricted-jurisdiction wording, with an explicit note that it is non-exhaustive and appears in the validator delegation terms rather than the trading interface's terms of use.
- Page created.
Last updated 2026-10-05