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Showing posts with the label outage

Hyperliquid claimed 100% uptime during 37-minute outage

Hyperliquid kept its users in the dark yesterday as misleading information about an exchange outage caused horror across global trade desks. According to a bogus, Photoshopped post, the price of Hyperliquid’s HYPE governance token crashed 50% from over $45 to under $22.37 on third-party exchange Bybit. Even though that drop never really happened and aggregated data shows a mere 4% intraday move, information from the exchange’s own status webpage did no better communicating the truth about the incident.  Despite users with open positions at up to 40X leverage suddenly unable to manage their positions, Hyperliquid left them utterly in the dark . While user complaints were raining into its Discord and the exchange suffered 37 minutes of trading outages, its transparency webpage proudly displayed 100% uptime across its front end, API, and L1. After technicians fixed the problem, the exchange noted the incident only for posterity. Andrew Tate went 25X long on Hyper...