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 network. Hyperliquid Delists JELLY Amid Suspected Market Manipulation Hyperliquid, a decentralized exchange (DEX) protocol operating on its proprietary layer one (L1) blockchain, removed the JELLY […]source https://news.bitcoin.com/hyperliquids-emergency-jelly-delisting-saves-240m-but-sparks-centralization-backlash/
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