Golden Finance reported that Hyperliquid posted a response on Discord that after finding suspicious market activity, the Verifiers Committee voted to remove the JELLY perpetual contract. All user losses except the tagged address will be fully compensated by the Hyper Foundation. Compensation will be automatically performed based on on-chain data in the next few days without submitting a work order. The specific implementation plan will be explained in detail in the subsequent announcement. Similar to other public chains, validators often need to negotiate collectively and take decisive actions to maintain network integrity. Hyperliquid will prioritize upgrading the robustness and transparency of the voting system. It is also recorded that HLP (Hyperliquid protocol) has a current 24-hour net profit and loss of approximately USDC. Technology improvements will be promoted simultaneously, and the experience of this incident will make the network more perfect. More details will be announced soon.