Hyperliquid: A point penalty will be imposed on over 27,000 witch addresses
The decentralized derivatives trading platform Hyperliquid stated on the X platform that investigations show approximately 100 individuals manipulated over 27,000 addresses, attempting to gain disproportionately more points through large-scale and systematic non-organic behavior. The points of these addresses will be multiplied by a factor of 2% or 20% according to the scale of sybil activity for point penalties. Affected addresses will display a message on the points page: 'Sybil behavior detected'. The end result is that real users will receive a larger proportion of points. In addition, activities in May distributed 8 million points, and activities in October and early November distributed 8.4 million points. In total, the final number of points is 57.9 million."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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