Tag: HLP

Hyperliquid experienced approximately $10 billion in forced liquidations during a recent market crash, the highest among all platforms.

By coinspy Key Points The exchange defended its actions as necessary to preserve solvency and prevent bad debt, emphasizing full on-chain transparency. Critics, including Crypto.com CEO Kris Marszalek, called for regulatory scrutiny of exchanges with unusually high liquidation volumes. Hyperliquid’s CEO Jeff Yan argued that other platforms underreport liquidations due to limited data sharing, suggesting […]