Hyperliquid delists JELLY perps, citing ‘suspicious’ activity
Name
Hyperliquid delists JELLY perps, citing ‘suspicious’ activity
Description
Hyperliquid delisted perpetual futures for the JELLY token after detecting suspicious trading activity. The Hyper Foundation will automatically reimburse most users, and the incident comes amid prior stress events involving large liquidations on the platform.
Publish date
9:00am, Wednesday, March 26, 2025
Referenced by
All users apart from flagged addresses will be made whole from the Hyper Foundation,” Hyperliquid said. “This will be done automatically in the coming days based on onchain data.”
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Hyperliquid delisted JELLY perps following market manipulation and vault losses
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News story
A trader "opened a massive $6M short position on JellyJelly" and then "deliberately self-liquidated by pumping JellyJelly’s price on-chain
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