Hyperliquid DEX Attack Raise Koncern: Decentralization and Market Stability Dey On Fire
For March 2025, Hyperliquid, wey be decentralized exchange, face serious attack wey involve say dem manipulate JELLYJELLY token price, and e show say wahala dey decentralized exchanges (DEXs). Dis one cause client money to reduce well well and market no stable again. Attackers use liquid money wey dey Hyperliquid’s Treasury pools, cause price to drop and dem dump tokens anyhow, wey lead to big losses wey never happen. Even though Hyperliquid try to stop the damage by stopping JELLYJELLY trading, people dey worry about how dem take do am from one central place, wey no follow the decentralized way dem dey do things. Even though dem still dey get high trading volume, the matter affect trust for the platform and e show say dem no manage risk well for DEXs. The situation cause argument on top competition between decentralized and centralized exchanges, and people dey reason say centralized exchanges fit use the matter take collect market share. As we dey go forward, Hyperliquid fit need to check their risk management strategies again and promise to dey do things decentralized so dem go fit protect well against manipulation. For crypto traders, dis one show the risk wey dey inside to dey deal with low-liquidity tokens and e show say security and strong head need dey DEX ecosystems.
Bearish
The way dem attack Hyperliquid DEX together and how dem take manipulate JELLYJELLY price show say wahala dey decentralized platforms, wey make people no trust dem again and market dey fear. Dis kain bad things fit make investors dey shake and market fit fall small time, as traders fit decide to comot their money or no buy tokens wey no dey easy to sell and wey get high risk. If Hyperliquid no fix their security and manage risk better, traders go dey doubt dem and other DEX like dem, and dem fit carry their money go exchange wey dem believe say dey safe, wey dey central.