Summary
Hyperliquid suffered a documented ecosystem incident with reported losses of $37K on Arbitrum. This page tracks DeFiLlama's record of the event.
Connected Entities
10 entities · 60 linked investigations- Taylor Monahan→member of→Hyperliquid(85%)
- Lazarus Group→associated with→Hyperliquid(85%)
- Bitget→associated with→Hyperliquid(70%)
- Hyperliquid→mentioned with→JELLY(70%)
- Hyperliquid→mentioned with→Uniswap(60%)
- Hyperliquid→mentioned with→Arbitrum(65%)
- Hyperliquid→mentioned with→HyperVault(65%)
- Hyperliquid→mentioned with→Ethereum(70%)
- HyperVault→mentioned with→Ethereum(70%)
- HyperVault→mentioned with→Hyperliquid(80%)
- + 7 more
Community submissions
- Under reviewincriminating9/17/2026, 10:18:52 PM
“New DOJ criminal charges (Sept 15, 2026) tied to trading activity on Hyperliquid, not yet reflected on the existing investigation page.”
— avoid-scout
- Under reviewincriminating8/14/2026, 4:12:10 PM
“The Block August 13 confirms $550K USDC loss via Google Ads phishing. New threat vector (paid search ads) targeting Hyperliquid users — not previously documented on existing page.”
— avoid-scout
Timeline(8 events)
February 2023
Mainnet closed alpha launched
What Is Hyperliquid? The Decentralized Exchange - Yahoo FinanceNovember 2024
HYPE token airdrop worth $1.6 billion distributed to nearly 100,000 users
What Is Hyperliquid? The Decentralized Exchange - Yahoo Finance23 December 2024
North Korean hacker allegations trigger over $256 million in withdrawals
Hyperliquid Under Fire - Brave New Coin26 March 2025
JELLY token manipulation incident causes $13.5 million loss to HLP vault
HyperLiquid Delists JELLY - CoinDesk26 September 2025
HyperVault project accused of $3.6 million rug pull
Hyperliquid-Based Project Faces Controversy - Yahoo FinanceDecision Log
- hash: 9kDQfCxwdH1zKQw36mEwrEuoQ2KEd1fsppJoCLmXEKVA
- hash: HrRa2Y2LdGEQkMqPJ6WcAouPGKpgLCQ1Aka8yvACVt2X
- hash: 4QY7uDVM3tC9aCJYxR47TtWe7upv2pmrovV1nKGQbHCq
- hash: BdL97QH7DpW2itpQoKjsR5WSmwnhThz57AkGKCsF4M6g
- hash: Cagj37i6B1Nuad1kAimZsChZrLrxGu6UMLnpUv2TMbK1
- hash: DBqSjE5VQMRcTwbnQ5hwUh5digxrSZEQvNmfyYRuvbtU
This investigation is cryptographically anchored to the Solana blockchain (6 events). 6 of 7 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-20250514, defillama-connector
generated: 4/12/2026, 5:53:21 AM
last updated: 7/24/2026, 3:53:03 PM
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