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HackHyperliquid2025

Hyperliquid JELLY Liquidation Exploit

A trader exploited JELLY liquidation mechanics, forcing Hyperliquid validators to delist the market and settle positions manually.

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Key Facts

Peak metric$12M+ vault loss risk
OutcomeExposed centralized emergency controls inside a high-growth perps venue
ChainHyperliquid
Year2025
Typehack
Tags
perpsdexmarket-structure