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In a dramatic turn of events, the decentralized trading platform Hyperliquid has been hit by a major exploit that involved some really dodgy leveraged trading on an illiquid coin named JELLYJELLY. This exploit, we are sad to announce, resulted in draining huge funds from Hyperliquid, totaling about $8 million. For a quick visual run-through of … Read more
Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator network. Hyperliquid Delists JELLY Amid Suspected Market Manipulation Hyperliquid, a decentralized exchange (DEX) protocol operating on its proprietary layer one (L1) blockchain, removed the JELLY … Read more
A prominent cryptocurrency trader is enjoying unprecedented success with high-leverage positions on the Hyperliquid platform, netting over 15 million US dollars to date. This morning, the trader opened his seventh position on the platform, which has already racked up an impressive profit of 1.188 million US dollars. The trader’s uncanny ability to navigate the volatile … Read more
On March 12, official data revealed that the HyperLiquid Treasury (HLP) suffered a short-term loss of over $4 million, with many speculating that the cause of this substantial loss was tied to the liquidation of a massive 160,000 ETH position. The event marks a significant moment for HyperLiquid, a platform known for its high-leverage trading, … Read more
A decentralized finance (DeFi) platform named Hyperliquid has achieved a remarkable feat and now reports that its total trading volume has surpassed $1 trillion. This achievement is all the more stunning because it occurred in only two years since the platform’s inception, which speaks to the sort of user adoption that DeFi platforms rarely see. … Read more
The Hyperliquid Assistance Fund (AF) has made a significant move in the cryptocurrency market by acquiring an additional $14 million worth of $HYPE tokens, increasing its holdings to almost 4.9% of the circulating supply. This action marks another strategic step in the AF’s ongoing effort to build a significant position in the $HYPE token. With … Read more
While the general cryptocurrency market has experienced a decline in certain altcoins, one asset appears to be drawing the substantial attention of major investors: $HYPE. Even though the token is now down to the lower end of its range, cryptocurrency “whales”—individuals or entities that hold large amounts of crypto—are making some impressive moves. They’re depositing … Read more
Explore Hyperliquid (HLP), its core functions and how it powers the Hyperliquid blockchain. Understand its impact on DeFi and decentralized trading. Go to Source
On Jan. 20, 2025, Hyperliquid, a decentralized perpetual exchange powered by a custom-engineered, high-performance layer one (L1) blockchain, revealed it had reached a series of unprecedented milestones in trading volume. Within the past 24 hours alone, the platform reported facilitating an impressive $21 billion in volume. Hyperliquid Shatters Records: $21B in 24-Hour Trading Volume and … Read more
Hyperliquid airdropped 28% of its HYPE token supply to early users. The airdrop is now worth more than $7 billion, making it the most valuable in history. Go to Source
