On March 15, #WYSTStablecoin , an incident with JELLYJELLY occurred on Hyperliquid. A trader opened a short position of $6 million and then artificially raised the price, which led to his liquidation. The losses from the HLP liquidity pool reached up to $12 million. Hyperliquid delisted the JELLYJELLY futures, calling it manipulation. The CEO of Bitget criticized Hyperliquid, comparing the situation to FTX. Hyperliquid had similar problems before. After the incident, the price