Outdated algorithm caused $650M excess losses on Hyperliquid, report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.
Gauntlet’s Tarun Chitra claims “greedy” ADL led to excess Hyperliquid losses, and describes a new “risk-aware pro-rata” ADL algorithm.
Aster and Hyperliquid are locked in a duel for perp DEX dominance. Can the former lure traders faster than the latter loses them?