Auto Added by WPeMatico

Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash

Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator…

Continue ReadingHyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash