HyperLiquid Market Manipulation Sparks Security Concerns

HyperLiquid, a decentralized trading platform, has been hit by another market manipulation incident, raising concerns over its security protocols and risk management. This follows a similar incident involving substantial liquidation losses a few weeks ago. Recent data from Lookonchain reveals the latest attack targeted $JELLY, a token on the platform, resulting in a significant financial loss for HyperLiquid.