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Hyperliquid delisted JELLY perp futures after detecting market manipulation that caused risk to the vault
A trader manipulated the JELLY market by opening a $6 million short position on Hyperliquid, then driving the token price up on DEXs, triggering liquidation and forcing the HLP vault to absorb $13.5 million in losses
Hyper Foundation committed to automatically reimbursing all affected users except flagged addresses, using onchain data

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