Hyperliquid saw over $256 million in net outflows as security experts revealed that North Korean threat actors had been trading on the platform.
Hyperliquid suffered its largest single-day outflow after security experts said North Korean hackers were trading on the new layer-1 crypto derivatives platform.
Metmask security researcher Tay Monahan said in a Dec. 23 X post that Democratic People’s Republic of Korea (DPRK)-linked hackers had been using the platform as early as October.
“Yall, DPRK doesn’t trade. DPRK tests,” Monhan added in a follow-up post.
