<ul><li>A whale manipulated Hyperliquid’s liquidation engine, securing a $1.8M profit while the DEX faced a $4M loss.</li><li>Bybit CEO Ben Zhou suggests that DEXs should adopt CEX-style risk tools like market surveillance and dynamic risk limits to mitigate losses.</li><li>High leverage trading poses risks for both DEXs and CEXs, requiring stronger risk management according to Zhou.</li><li>Zhou believes that DEXs need to innovate their liquidation mechanisms to address such challenges in the future.</li></ul>

Hyperliquid’s Liquidation Chaos: Bybit CEO Has a Warning For DEXes

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