果冻令牌操纵丑闻后，超流动性（HYPE）加密蛋糕跌落22％

最近因其透明度和民主化的访问而被吹捧的分散财务（DEFI）景观最近受到了高调操纵丑闻的震撼

The decentralized finance (DeFi) space, often praised for its transparency and democratized access, has recently been hit by a high-profile manipulation scandal that has shaken the industry. The incident, which involved Hyperliquid, a decentralized perpetual futures platform, and its native HYPE crypto, has triggered a 22% plunge in the token’s price.

去中心化的金融（DEFI）空间通常以其透明度和民主化的访问而受到赞誉，最近受到了震撼该行业的备受瞩目的操纵丑闻的打击。该事件涉及超流动，一个分散的永久期货平台及其本地炒作加密，它触发了代币的价格22％。

The manipulation involved the JELLYJELLY token, which was deliberately exploited by a trader to inflict a $12 million unrealized loss on the Hyperliquid vault. This sequence of events ultimately led to the delisting of JELLYJELLY from Hyperliquid, sparking further turbulence in the market.

该操作涉及果冻令牌，该代币是由商人故意利用的，以造成1200万美元的超流利库损失。一系列事件最终导致了果冻从杂种中脱颖而出，从而在市场上产生了进一步的动荡。

The subsequent listing of JELLYLLY futures on major centralized exchanges, including Binance and OKX, has drawn criticism, with some accusing these platforms of capitalizing on the market turmoil.

随后在包括Binance和OKX在内的主要集中式交易所的果冻期货的随后清单引起了批评，有些人指责这些平台利用了市场动荡。

The JELLYJELLY manipulation began with the trader, operating under the wallet address "0xde96," opening a substantial $6 million short position on the token.2

Jellyjelly操纵始于交易员，在钱包地址“ 0xde96”下运行，在令牌上开放了600万美元的短职位。2

Simultaneously, a whale, known for their large capital holdings and market influence, executed a coordinated crash on several decentralized exchanges, aiming to sink the JELLYJELLY token.

同时，一条鲸鱼以其庞大的资本持有和市场影响而闻名，在几次分散的交流中执行了协调的撞车事故，旨在消除果冻的代币。

This action was designed to engage the Hyperliquid Liquidity Provider (HLP) vault, a liquidity provision protocol designed to handle market volatility and prevent large price swings. The HLP vault took over the short position.

该动作旨在参与超纤维流动性提供商（HLP）保险库，这是一种流动性提供协议，旨在处理市场波动并防止大型价格波动。 HLP保险库接管了短期位置。

As the HLP vault was now exposed to the short position, a new wallet, “0x20e8,” entered the scene and initiated an enormous long position on JELLYJELLY, driving the token’s price up sharply.

当HLP保险库现在接触到短姿势时，一个新的钱包“ 0x20E8”进入了现场，并在Jellyjelly上发起了巨大的长位置，使代币的价格急剧上升。

This sequence of events, spanning multiple wallets and exchanges, ultimately resulted in a $12 million unrealized loss to the Hyperliquid vault.

跨越多个钱包和交流的一系列事件最终导致了超流利库的1200万美元未实现的损失。

In response to the manipulation, Hyperliquid made the decision to delist the JELLYJELLY token from its platform.3

为了应对操纵，Hyproliquid决定将Jellyjelly代币从其平台上脱颖而出。3

This move, while necessary to mitigate further losses and protect the platform’s integrity, has had a significant impact on the HYPE crypto, triggering a 22% plunge in its price.

这一举动虽然有必要减轻进一步的损失和保护平台的完整性，但对炒作加密有重大影响，触发了22％的价格。

Investors are reacting negatively to the platform’s stability and the potential for future manipulation, leading to a sell-off of HYPE tokens.

投资者对该平台的稳定性和未来操纵的潜力做出负面反应，从而抛弃了炒作令牌。

The manipulation scandal also raises concerns about the platforms’ risk management protocols and the adequacy of the vault’s reserves.

操纵丑闻还引起了人们对平台的风险管理协议和保险库储备的充分性的担忧。

The occurrence of a $12 million unrealized loss highlights the potential for significant financial damage in the event of successful manipulation attempts.

耗资1200万美元未实现的损失的发生突显了在成功进行操作的情况下，可能会造成重大财务损失的可能性。

The timing of these listings, shortly after the Hyperliquid delisting, has raised suspicions of potential collusion or insider information among these platforms.

这些列表的时间安排在超流畅的脱落后不久，人们怀疑了这些平台之间潜在的勾结或内部信息。

According to critics, these centralized exchanges are now profiting from the market chaos by offering traders the opportunity to speculate on the JELLYJELLY token futures.

据评论家称，这些集中的交易所现在通过为交易者提供机会推测果冻代币期货，从市场混乱中获利。

This move has been perceived by some as opportunistic behavior, further damaging the reputation of the cryptocurrency market.

某些人认为这一举动是机会主义行为，进一步损害了加密货币市场的声誉。

The HYPE crypto has seen a 22% price plunge amid a manipulation scandal. This decline reflects investor concerns regarding the platform’s stability, the potential for future manipulation, and the overall credibility of the Hyperliquid ecosystem.

在操纵丑闻中，Hype Crypto的价格暴跌了22％。这种下降反映了投资者对平台稳定性的关注，未来操纵的潜力以及超流动生态系统的整体信誉。

The occurrence of a $12 million unrealized loss to the Hyperliquid vault raises questions about the platform’s financial resilience and its ability to withstand future market shocks.

超流利金库的1200万美元未实现损失的发生引发了有关该平台的财务弹性及其承受未来市场冲击的能力的问题。

Investors are concerned that similar manipulation attempts could lead to further losses, eroding their confidence in the HYPE crypto.

投资者担心类似的操纵尝试可能会导致进一步的损失，从而削弱他们对炒作加密的信心。

The scandal has broader implications for the DeFi ecosystem, highlighting the vulnerabilities of decentralized platforms to sophisticated manipulation tactics.

该丑闻对Defi生态系统具有更广泛的影响，强调了分散平台对复杂的操纵策略的脆弱性。

This incident underscores the need for robust risk management protocols, enhanced security measures, and greater transparency in DeFi operations.

该事件强调了对强大的风险管理协议，增强的安全措施的需求以及更高的透明性操作。

The scandal also raises questions about the integrity of the cryptocurrency market, particularly the role of centralized exchanges in capitalizing on market turmoil.

丑闻还提出了有关加密货币市场完整性的疑问，尤其是集中式交流在资本化市场动荡中的作用。

The perception of opportunistic behavior by these platforms can damage the overall credibility of the industry.

这些平台对机会主义行为的看法会损害行业的整体信誉。

This incident serves as a cautionary tale for investors, emphasizing the importance of due diligence and risk management in the volatile cryptocurrency market.

这一事件是投资者的警示故事，强调了尽职调查和风险管理在动荡的加密货币市场中的重要性。

The potential for manipulation and market manipulation highlights the need for greater regulatory oversight and investor protection.

操纵和市场操纵的潜力凸显了对更大的监管监督和投资者保护的需求。

Despite the significant challenges posed by the manipulation scandal, there is potential for Hyperliquid and the HYPE crypto to recover.

尽管操纵丑闻构成了重大挑战，但超流动和炒作加密有可能恢复。

The platform’s response, including the delisting of JELLYJELLY, demonstrates its commitment to addressing the issue and protecting its users.

该平台的响应，包括jellyjelly的推荐，展示了其致力于解决该问题并保护其用户的承诺。

Hyperliquid’s ability to implement enhanced security measures and robust risk management protocols will be crucial in restoring investor confidence.

Hyperliquid实施增强的安全措施和强大的风险管理协议的能力对于恢复投资者的信心至关重要。

The platform’s transparency and communication with its community will also play a vital role in rebuilding trust.

该平台的透明度和与社区的沟通也将在重建信任中发挥至关重要的作用。

The HYPE crypto’s resilience will depend on the platform’s ability to demonstrate its commitment to security and integrity.

Hype Crypto的弹性将取决于平台证明其对安全性和完整性的承诺的能力。

If Hyperliquid can effectively address the concerns raised by the manipulation scandal, the HYPE crypto has the potential to recover its losses and regain its market position.

如果超流动性可以有效解决操纵丑闻引起的担忧，那么炒作加密有可能收回其损失并恢复其市场地位。

The JELLYJELLY manipulation scandal highlights the need for a balanced approach to regulation in the cryptocurrency market.

Jellyjelly操纵丑闻强调了对加密货币市场中平衡调节方法的必要性。

While excessive regulation can stifle innovation, a lack of oversight can create

虽然过度的监管可以扼杀创新，但缺乏监督会产生