Summary
- It was reported that decentralized exchange Hyperliquid experienced an outflow of $170 million in just one day.
- WuBlockchain reported that Hyperliquid's assets under management recorded a net outflow of $166 million the previous day.
- Hyperliquid's large-scale liquidations were identified as the background for this fund outflow, and it was revealed that losses of $4 million occurred due to Ethereum liquidations.
Decentralized exchange (DEX) Hyperliquid (HYPE) has experienced an outflow of $170 million (approximately 250 billion won) in funds in just one day.
On the 13th, WuBlockchain reported this citing data from the data analytics platform Dune Analytics. Specifically, Hyperliquid's assets under management (AUM) recorded a net outflow of $166 million the previous day (12th). This is the second-largest net outflow since the exchange's launch.
The recent large-scale liquidations on Hyperliquid are pointed to as the background for this net outflow. Hyperliquid's HLP vault recently suffered losses of $4 million (approximately 5.8 billion won) due to Ethereum (ETH) liquidations.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
