Bitcoin24h $108,802.56-0.03%

Ethereum24h $2,714.55+2.36%

XRP24h $2.30-0.42%

BNB24h $685.64-0.09%

Solana24h $172.94-0.79%

Dogecoin24h $0.2249+0.75%

Cardano24h $0.7549-0.49%

TRON24h $0.2767+0.39%

Sui24h $3.71+0.35%

Hyperliquid24h $34.24-3.80%

Hyperliquid leaderboards confuse traders as HYPE hits all-time high

Hyperliquid leaderboards appear to rank an enviable list of traders by their supposed profits, but that ranking is misleading.

ZKasino exploiter saw $27M liquidated on Hyperliquid trade

According to X users, the wallet placed a 20x leverage trade on the price of ETH that would liquidate if it fell to $1,745. On Sunday, it did.

Marketers broadcasting metrics about Hyperliquid have used clever ways to manipulate the figures to make it seem like a Binance competitor.

Hyperliquid, a leveraged crypto exchange, has popularized copytrading and leaderboard-based trading contests to gain market share.

A bizarre and enthralling trade involving Binance and the JELLYJELLY memecoin could have liquidated Hyperliquid today.