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Hyperliquid force-closed all open JELLY positions and settled the market at $0.0095, diverging from the higher oracle-fed price on DEXs
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
Hyperliquid raised its margin requirements on March 15 following a whale-triggered liquidation of a $200 million ETH long position, which caused the HLP vault to lose $4 million

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Hyperliquid delisted JELLY perps following market manipulation and vault losses

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