So, you know how sometimes you try to make a cute little jelly dessert and the whole thing just ends up a wobbly, expensive mess? Well, Hyperliquid just had their own jelly incident, and it was about as sweet as a lemon. π
Turns out, some over-enthusiastic trader played a little too much “guess who’s coming to liquidation” and left Hyperliquid’s (HYPE) market-making vault holding the proverbial bag of jelly, to the tune of $10.63 million. Yikes! π±
they’re changing how their liquidation vault triggers work. Before, it was like a game of musical chairs where everyone loses. Now, it’s more like musical chairs where you get booted if you’re too risky. Fun!
Hyperliquid’s also jazzing up their open interest caps, which is like setting a limit on how much jelly you can pile on your toast. Now, it’ll adjust based on the market’s mood swings. Because nobody likes a jelly overload. π₯
And for the cherry on top, validators get to play “hot potato” with risky assets. If an asset gets too hot to handle, they can vote to chuck it out the window. Safety first, kids! π¦
But it’s not all rainbows and unicorns. Hyperliquid’s still trying to clean up the jelly mess. According to DeFi Llama, their liquidity vault’s value has shrunk faster than my hopes and dreams. And HYPE? Well, it’s tanking harder than my high school prom date. π
So, if you’re looking for a bit of schadenfreude with your morning coffee, you’re welcome. π΅
Read More
- How to use a Modifier in Wuthering Waves
- Unleash Your Heroesβ True Potential: Best Stadium Builds for Every Overwatch 2 Hero
- 50 Goal Sound ID Codes for Blue Lock Rivals
- Lucky Offense Tier List & Reroll Guide
- Watch Louis Therouxβs The Settlers for Free: Secret Hack Revealed!
- Unlock All Avinoleum Treasure Spots in Wuthering Waves!
- Mistfall Hunter Class Tier List
- Elder Scrolls Oblivion: Best Spellsword Build
- Basketball Zero Boombox & Music ID Codes β Roblox
- 50 Ankle Break & Score Sound ID Codes for Basketball Zero
2025-03-28 11:16