Hyperliquid optimizes risk management mechanism and will compensate JELLY multi-head users
On March 28th, Hyperliquid announced that due to the abnormal trading event in the JELLY market, users who hold long positions in JELLY will be compensated at the price of 0.037555 at settlement. Except for the marked address, this compensation is beneficial to all JELLY traders. Hyperliquid has strengthened risk management, including:
• HLP Liquidator Management: Set tighter account value caps, reduce rebalancing frequency, and introduce more complex repo clearing logic. If Liquidator losses exceed the threshold, ADL will be triggered instead of automatically drawing on other component collateral.
• Dynamic adjustment of OI cap: Open interest cap will be adjusted dynamically according to market capitalization.
• Asset delisting mechanism: The validator will delist assets below the threshold through on-chain voting.
Hyperliquid promises to continue to optimize the system and enhance risk prevention capabilities.