A sudden surge in the price of XPL tokens, driven by an unusual trading event on Hyperliquid, has triggered concerns about the vulnerability of decentralized finance (DeFi) markets. A trader known as @Techno_Revenant profited approximately $38 million from this anomaly after unintentionally triggering a price spike. The incident highlights the need for improved risk controls within cryptocurrency exchanges. 200% gains were recorded in just a short period, resulting in forced liquidations exceeding $159 million. Hyperliquid, the platform involved in the incident, is now working to implement stricter measures to prevent similar situations. The company plans to introduce a price cap on trades to limit volatility and protect traders. )