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Zhu Su: XPL Surge Not Hyperliquid System Issue
Summary: Zhu Su stated on social media that he does not believe the XPL surge incident is related to an issue with the Hyperliquid system. He mentioned that the problem lies with some hedgers shorting assets that could rapidly rise, rather than a system malfunction. He pointed out that these hedgers could have added more margin ...
Zhu Su stated on social media that he does not believe the XPL surge incident is related to an issue with the Hyperliquid system. He mentioned that the problem lies with some hedgers shorting assets that could rapidly rise, rather than a system malfunction. He pointed out that these hedgers could have added more margin to continue shorting. The main issue may be that some users do not understand the operation of full-position and isolated margin modes, leading to liquidation even with sufficient funds in their accounts.