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Hyperliquid Delists Surging Solana Meme Coin to Avoid Liquidation Crisis Decrypt 3 weeks ago

Hyperliquid Delists Surging Solana Meme Coin to Avoid Liquidation Crisis 🔄

Hyperliquid, a decentralized exchange, has removed the Solana-based meme coin JELLYJELLY. This action was taken after a 20x leveraged bet on the coin posed a potential threat to the exchange's stability.

The delisting aims to protect the integrity of the platform and avoid a potential liquidation crisis.

Source: decrypt.co ↗

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