On Nov 19, 2025 SafePal announced integration of Hyperliquid perpetuals into its wallet and trading suite, giving users in-app access to perpetual contracts including HYPE. The addition expands SafePal's DeFi product set and may increase on-chain liquidity for HYPE and SFP.
An anonymous trader reportedly burned $3 million in a coordinated scheme that forced roughly $5 million in losses at the Hyperliquid protocol, using $26 million in POPCAT positions and a fake $20 million buy wall to manipulate liquidations.
A coordinated attack on Hyperliquid's Hyperliquidity Provider (HLP) vault drained nearly $5M, with the attacker reportedly burning $3M as part of the exploit. The incident heightens DeFi derivatives security concerns and puts pressure on HYPE token holders.
POPCAT fell about 43% after a roughly $30 million manipulation on Hyperliquid, according to DeFi researcher Hanzo. An unknown trader executed a coordinated strategy roughly 13 hours before the market disruption.
Hyperliquid suspended withdrawals after an alleged $5 million price manipulation on POPCAT inflicted heavy losses on its liquidity provider, forcing a pause on customer outflows. The platform says it is investigating while users face restricted access to funds.
POPCAT experienced anomalous price action traced to an aggressive trader on Hyperliquid who appears to have pushed the token price to inflict liquidity losses. On-chain observers flagged repeated large directional trades and order-book pressure as the cause of the move.
Hyperliquid paused deposits and withdrawals after an onchain analyst speculated a trader tried to prop up memecoin POPCAT. The interruption has left users unable to move funds and raised questions about market manipulation and exchange risk.
Former BitMEX CEO Arthur Hayes mocked claims that Jeff will never sell HYPE tokens, arguing wealthy founders regularly take profits. His comments revive concerns about founder sell-offs and token-backed credibility.