- Excessive liquid spoils the gel nodes after checking activity in the market.
- It reached 24 hours P & L approximately 700000 USDC.
- Society questions decentralization claims after the decision.
Hyperliquid removed its permanent contract Jelly after specifying the unusual market activities, with the decision -making by the Audit Committee. Advertise on X.It indicates the expected user compensation.
The deletion reflects concerns about the safety of the market. The response quickly, the committee decided to secure the user’s assets and maintain confidence.
P & L fluctuations of 700 thousand dollars from the liquid 700 thousand dollars
Judicial decision The gel contract arose from unusual activities in the market, prompting the excessive acting committee to act. This step follows the previous incidents that emphasize the need for the durability of the system. HyperLiIID’s Focus now turns To transparency and improve the reliability of the voting system.
The immediate changes were sent Through the market, with the presence of liquids from profit fluctuations and loss of about $ 700,000 within one day. The statute of users to compensate from its basis confirmed, depending on the accuracy of the series’s data.
Community reactions have been shipped with Comments challenge decentralization in the hyper liquid position. Industry characters such as Arthur Hayes have criticized transparency, while Andre Kronji suggested alternative benefit strategies. Chain Zachbt The most prominent fears of price manipulation.
Arthur Hayes, the co -founder, commented a point photo, “Let’s stop pretending that it is not central, and then stopped pretending that traders are actually given a bet, as the noise began as it started in a short time causing Degen.”
Historical events reflect the current challenges
Do you know? Excessive liquid faced a similar crisis on March 12, 2025, which involves the ether liquidation incident, focusing on the periodic nature of the market challenges.
According to Coinmarketcap, Jelly (Jelly) has a fully diluted market roof of $ 1.76 million, with noticeable price fluctuations over the past 90 days, as it has decreased by 70.32 %. Her current absence from blood circulation causes anxiety about liquidity.
Coinincu Research indicates capabilities The effects of the technological and regulatory frameworks of Hili, are affected by Events operational modifications. The platform may reconsider the models to take advantage of the models, as it deals with liquidity and volatility to enhance stability in the industry.