TechFlow news, on October 12, Hyperliquid founder Jeff tweeted that during recent market volatility, Hyperliquid maintained 100% uptime with no bad debt. This marks the first time in over two years of operations that Hyperliquid has triggered cross-margin Auto-Deleveraging (ADL). ADL does not alter the outcome for any liquidated users. Although some individual ADL trades were unprofitable, the overall effect of ADL enabled traders to close positions at temporarily favorable prices, resulting in significant profit and loss outcomes.
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