Hyperliquid Pays $2M After Outage, Boosting DEX Trust
In a notable display of user-first transparency, decentralised derivatives exchange Hyperliquid has reimbursed nearly $2 million in USDC to traders impacted by a 37-minute API outage that occurred on July 29. The outage, which temporarily halted order execution, sparked concern among users but was quickly addressed by the platform’s team.
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