‘Peak Degen Warfare’: Attacker Wipes Out $3M Collateral to Inflict $4.9M Loss on Hyperliquid’s HLP Fund

A new, bizarre form of market attack has been identified on the Hyperliquid derivatives platform. Lookonchain reports that an attacker intentionally lost $3 million in collateral to inflict a $4.9 million loss on the Hyperliquidity Provider (HLP) fund via a POPCAT manipulation. Related: Crypto Investigator ZachXBT Warns of a Fake Hyperliquid App on Google Play […] Read The Full Article ‘Peak Degen Warfare’: Attacker Wipes Out $3M Collateral to Inflict $4.9M Loss on Hyperliquid’s HLP Fund On Coin Edition.