AC Sharp Review Hyperliquid HLP Liquid Event: Position size is not a fixed function of leverage, DeFi should not have fixed value leverage
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2025-03-27 00:02 7,660
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According to the report, in response to the previous issue of "a address following the example of the 50-fold leverage giant whale operation on Hyperliquid, throwing 398 million short positions to Hyperliquid, causing the Hyperliquid vault to face liquidation and losses", Sonic Labs Andre Cronje posted on the X platform that the position size is not a fixed function of leverage, but depends on available liquidity and volatility. A small position can be 1,000 times leverage, and a large position is only 1.2 times. There cannot be fixed values in DeFi.