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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.

Outdated algorithm caused $650M excess losses on Hyperliquid, report

Gauntlet’s Tarun Chitra claims “greedy” ADL led to excess Hyperliquid losses, and describes a new “risk-aware pro-rata” ADL algorithm.

This weekend’s social media train wreck was a degenerate trader posting AI images of a white whale while losing millions of dollars.

Binance co-founder Changpeng Zhao and Hyperliquid co-founder Jeffrey Yan are arguing about which exchange better handled Friday’s sell-off.