ME message, December 10 (UTC+8), Hyperliquid co-founder Jeff posted on platform X refuting recent accusations against ADL (Automatic Deleveraging Mechanism), stating that some commentators have made erroneous conclusions without understanding the core concepts. He emphasized that the ADL mechanism "will not transfer profits and losses to HLP", and pointed out that its handling of users and HLP is completely symmetrical, stating, "ADL has nothing to do with HLP or back-to-back liquidation." Jeff also denied the claim that "ADL destroyed $653 million in profits", indicating that such statements are based on misunderstandings, and criticized certain authors who claim to have an academic background for "using complex machine learning terminology to package erroneous conclusions", emphasizing that one should understand the subject of research before publishing studies or comments. (Source: ME)