Bitcoin24h $115,248.70-0.60%

Ethereum24h $4,619.42-1.03%

XRP24h $3.04-1.86%

Solana24h $241.05-1.07%

BNB24h $928.82-0.69%

Dogecoin24h $0.2798-1.79%

TRON24h $0.3501-0.00%

Cardano24h $0.8912-3.05%

Hyperliquid24h $53.76-2.47%

Chainlink24h $24.20-2.24%

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.