Hyperliquid: $57 million liquidated after flash crash in Seoul
An aberrant price on the Hyperliquid platform caused a 17.9% drop in the SK Hynix perpetual contract.
Published 6sem2 sources✓ ConfirmedNotableupdated 1sem
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17.9 %
An aberrant price on the Hyperliquid platform caused a 17.9% drop in the SK Hynix perpetual…
The fact
The incident liquidated $57 million across 960 accounts within minutes in Seoul.
The exact causes remain unclear, but an investigation is underway to prevent a recurrence.
2 sources — click a link to read an article on the topic:
Why it matters
Cet incident illustre la volatilité extrême des marchés de cryptomonnaies, même sur des plateformes régulées, et soulève des questions sur la résilience des infrastructures de trading face aux anomalies de prix.