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Hyperliquid’s Emergency JELLY Delisting Saves 0M but Sparks Centralization Backlash
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Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash

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Hyperliquid’s Emergency JELLY Delisting Saves 0M but Sparks Centralization Backlash
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Source: Bitcoin.com

Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization BacklashHyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator network. Hyperliquid Delists JELLY Amid Suspected Market Manipulation Hyperliquid, a decentralized exchange (DEX) protocol operating on its proprietary layer one (L1) blockchain, removed the JELLY […]

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Author: Jamie Redman

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