Hyperliquid to compensate service disruption victims with $2 million

Source
YM Lee

Summary

  • Hyperliquid reportedly provided $2 million in compensation to victims affected by the service disruption.
  • It was reported that an order execution halt lasting about 37 minutes occurred on July 29.
  • Approximately $1.99 million worth of executed orders was refunded.

The decentralized perpetual futures trading platform Hyperliquid (HYPE) has provided $2 million in compensation to victims affected by last week's trading service interruption.

According to a Cointelegraph report on the 4th (local time), Hyperliquid experienced an order execution halt of approximately 37 minutes on July 29, after which they processed refunds for about $1.99 million in executed orders.

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YM Lee

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