Arthur Hayes: Hyperliquid is no longer decentralized, predicting HYPE will return to its starting point

2025-03-26 23:55:03

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ChainCatcher message, Arthur Hayes commented on the delisting of JELLYJELLY from Hyperliquid: "Let's stop pretending that Hyperliquid is decentralized, and let's stop pretending that traders really care. I bet HYPE will soon return to square one because the decline will continue to decline."

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Arthur Hayes Hyperliquid JELLYJELLY

Hyperliquid "sniping" incident tracking

Column Hyperliquid "sniping" incident tracking

On the evening of March 26, 2025, due to the price fluctuations of the JELLY token, the Hyperliquid counterpart vault was on the verge of liquidation, and the entire protocol treasury faced the risk of going to zero. How will the situation develop?

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Data: The current whale position on the Hyperliquid platform is 5.316 billion USD, with a long-short position ratio of 0.95

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Data: In the past 7 days, Hyperliquid has repurchased and destroyed 130,900 HYPE, equivalent to approximately 7.65 million USD

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Arthur Hayes Hyperliquid JELLYJELLY

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