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Coin Telegraph

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Image Credit: Coin Telegraph

Hyperliquid delists JELLY perps, citing "suspicious" activity

  • Hyperliquid is delisting perpetual futures tied to the JELLY token due to suspicious market activity.
  • Affected users will be reimbursed by the Hyper Foundation, except for flagged addresses.
  • Hyperliquid's primary liquidity pool has generated around $700,000 net income in the past 24 hours.
  • This incident highlights the growing pains of Hyperliquid as a popular platform for leveraged perpetual trading.

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