Bitcoin24h $71,926.16+4.45%

Ethereum24h $2,239.89+6.28%

XRP24h $1.38+4.56%

BNB24h $620.77+3.40%

Solana24h $85.63+6.86%

TRON24h $0.3155-0.32%

Dogecoin24h $0.0950+4.89%

Hyperliquid24h $38.63+6.29%

Cardano24h $0.2636+7.18%

UNUS SED LEO24h $10.12+0.02%

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.