Stress-Tested and Survived: Hyperliquid Endures $64M Wipeout During Flash Crash
- A Trump-induced flash crash triggered over $64 million in losses for four traders on Hyperliquid, each losing more than $13 million.
- Despite the extreme volatility, Hyperliquid’s decentralized platform remained fully operational.
- Binance lagged while Hyperliquid’s on-chain system ran flawlessly.
The flash crash hit both stocks and crypto after President Donald Trump announced new tariffs on China. The news caused a wave of panic selling, wiping out $1.65 trillion from the U.S. stock market and over $19 billion from crypto.
Big Losses for Hyperliquid Traders, but Platform Holds Steady
On the decentralized exchange Hyperliquid, four large traders were completely wiped out. According to Lookonchain, one lost $18.73 million, another $16.43 million, the third $15.69 million, and a fourth $13.72 million — some were left with just over $100.
Even with these…
Read The Full Article Stress-Tested and Survived: Hyperliquid Endures $64M Wipeout During Flash Crash On Coin Edition.
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Stress-Tested and Survived: Hyperliquid Endures $64M Wipeout During Flash Crash
- A Trump-induced flash crash triggered over $64 million in losses for four traders on Hyperliquid, each losing more than $13 million.
- Despite the extreme volatility, Hyperliquid’s decentralized platform remained fully operational.
- Binance lagged while Hyperliquid’s on-chain system ran flawlessly.
The flash crash hit both stocks and crypto after President Donald Trump announced new tariffs on China. The news caused a wave of panic selling, wiping out $1.65 trillion from the U.S. stock market and over $19 billion from crypto.
Big Losses for Hyperliquid Traders, but Platform Holds Steady
On the decentralized exchange Hyperliquid, four large traders were completely wiped out. According to Lookonchain, one lost $18.73 million, another $16.43 million, the third $15.69 million, and a fourth $13.72 million — some were left with just over $100.
Even with these…
Read The Full Article Stress-Tested and Survived: Hyperliquid Endures $64M Wipeout During Flash Crash On Coin Edition.
Read More
How Auto-Deleveraging on Crypto Perp Trading Platforms Can Shock and Anger Even Advanced Traders