Hyperliquidity Provider (HLP), a market making vault that is a part of derivatives exchange HyperLiquid, faced a grueling loss after a trader allegedly manipulated the price of the JELLY token
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Authors
Oliver Knight
Related projects
Hyperliquid
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HyperLiquid Delists JELLY After Vault Squeezed in $13M Tussle
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Hyperliquid’s HLP vault, an automated market maker linked to its liquidation engine, temporarily recorded $13.5 million in unrealized losses due to the price manipulation
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