{"id":25814,"date":"2025-08-04T17:44:52","date_gmt":"2025-08-04T14:44:52","guid":{"rendered":"https:\/\/forklog.com\/en\/hyperliquid-reimburses-traders-nearly-2-million\/"},"modified":"2025-08-04T17:44:52","modified_gmt":"2025-08-04T14:44:52","slug":"hyperliquid-reimburses-traders-nearly-2-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/hyperliquid-reimburses-traders-nearly-2-million\/","title":{"rendered":"Hyperliquid Reimburses Traders Nearly $2 Million"},"content":{"rendered":"<p>On August 4, the decentralized exchange Hyperliquid began compensating clients with a total of approximately $2 million following an API <span data-descr=\"application programming interface\" class=\"old_tooltip\">API<\/span> malfunction. This is evidenced by data from Hypurrscan.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/AD_4nXdy4wHfoQBRMvfgnxZ2D9HAICBMDMWd_w-i2EiBL5cqPkPgZUd0RuDeYU2h98pOtDdS_Gg8I55Z0sWsBMoitxppp_CoTRnhF6RIT10wMQZLummG7vxBq6cVsa1Kk0LK5zkDmnOkYQ.webp\" alt=\"Hyperliquid Reimburses Traders Nearly $2 Million\" class=\"wp-image-263250\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/hypurrscan.io\/address\/0x36715f6408819492c27c1a1538156af9a2bfe963\">Hypurrscan<\/a>.\u00a0<\/figcaption><\/figure>\n<p>On July 30, traders of the <span data-descr=\"decentralized exchange\" class=\"old_tooltip\">DEX<\/span> <a href=\"https:\/\/u1f987.com\/en\/news\/hyperliquid-faces-disruption-amid-traffic-surge\">reported<\/a> issues with order execution. Initially, users suspected a hacker attack was to blame. However, the Hyperliquid team attributed the malfunction to high load on the API servers. At that time, the total open positions on the exchange reached $14.7 billion.\u00a0<\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?22\" data-telegram-post=\"hyperliquid_announcements\/410\" data-width=\"100%\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe API interface was returning errors, although transactions were correctly entering the mempool and then confirmed by inclusion in the blockchain,\u201d noted representatives of the DEX.\u00a0<\/p>\n<\/blockquote>\n<p>On July 31, Hyperliquid <a href=\"https:\/\/u1f987.com\/en\/news\/hyperliquid-to-compensate-users-for-losses\">promised<\/a> to compensate for the losses. The payouts were divided into three categories:\u00a0<\/p>\n<ul class=\"wp-block-list\">\n<li>small traders (up to $10,000) received a full refund automatically;<\/li>\n<li>large traders (over $10,000) received an advance of $9,999; to receive the remaining amount, they must complete <span data-descr=\"know your customer\" class=\"old_tooltip\">KYC<\/span> verification via Discord by August 18.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Community Reaction\u00a0<\/h2>\n<p>Users praised Hyperliquid&#8217;s swift response. A trader under the nickname aaalex.hl confirmed that the exchange had already transferred over $1.5 million to clients.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Hyperliquid has started to refund their users due to the recent API outage which lasted around 30 minutes<\/p>\n<p>Over $1.5m has already been sent out to users (can confirm)<\/p>\n<p>Incredible considering they have no legal obligation, no contract or SLA to do this <\/p>\n<p>Hyperliquid <a href=\"https:\/\/t.co\/PtfuVdWdEs\">pic.twitter.com\/PtfuVdWdEs<\/a><\/p>\n<p>\u2014 aaalex.hl (@pana067) <a href=\"https:\/\/twitter.com\/pana067\/status\/1952295385713541318?ref_src=twsrc%5Etfw\">August 4, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cImpressive, considering they had no legal obligations, no contract, or <span data-descr=\"service level agreement\" class=\"old_tooltip\">SLA<\/span> mandating such actions,\u201d he wrote.\u00a0<\/p>\n<\/blockquote>\n<p>Some <a href=\"https:\/\/x.com\/Ensemble_fi\/status\/1952337943294566758\">noted<\/a> Hyperliquid&#8217;s \u201cexceptional dedication\u201d to its clients.\u00a0<\/p>\n<p>Following the news, the platform&#8217;s native token, HYPE, rose by 2.8%, according to <a href=\"https:\/\/www.coingecko.com\/ru\/%D0%9A%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D1%8B\/hyperliquid\">CoinGecko<\/a>. At the time of writing, the crypto asset is trading at $38.6.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/AD_4nXdNAnemeU9QZcD4wucpnsVEpQo6OVwhcnhly7zUPVwMZ_5VyGxthiJeStRff7aBg_bgV8qi28E2HzpDOALd-p-XWCJfH1120Y-FE9e3v-qoS2UATzQfwTYkXj8bjLva0gDrNCN0bQ.webp\" alt=\"Hyperliquid Reimburses Traders Nearly $2 Million\" class=\"wp-image-263249\"\/><figcaption class=\"wp-element-caption\">Hourly chart of HYPE\/USDT on KuCoin. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=KUCOIN%3AHYPEUSDT\">TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n<p>Back on July 30, the Polygon network <a href=\"https:\/\/u1f987.com\/en\/news\/polygon-developers-clarify-system-outages\">ceased<\/a> processing transactions and producing new blocks.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On August 4, the decentralized exchange Hyperliquid began compensating clients with a total of approximately $2 million following an API API malfunction. This is evidenced by data from Hypurrscan.\u00a0 Source: Hypurrscan.\u00a0 On July 30, traders of the DEX reported issues with order execution. Initially, users suspected a hacker attack was to blame. However, the Hyperliquid [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,1823],"class_list":["post-25814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-hyperliquid"],"aioseo_notices":[],"amp_enabled":true,"views":"61","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/25814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=25814"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/25814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/25813"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=25814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=25814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=25814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}