Hyperliquid unlocks 12M HYPE tokens, dilutes holders by $330M
A token unlock for Core Contributors increased the supply of Hyperliquid by 5.5% overnight, diluting all other investors.
A token unlock for Core Contributors increased the supply of Hyperliquid by 5.5% overnight, diluting all other investors.
During the outage yesterday, Hyperliquid traders had no access to place trades or manage their highly leveraged positions.
Hyperliquid leaderboards appear to rank an enviable list of traders by their supposed profits, but that ranking is misleading.