Hyperliquid Blames API Traffic Surge for Delays in Orders, Denies Hack
Hyperliquid, a decentralized exchange operating on its own Layer 1 blockchain, experienced over 30 minutes of trading downtime on Tuesday due to an API server overload. Key Takeaways: Hyperliquid faced over 30 minutes of downtime due to an API overload, not a hack. The team has promised new safeguards to prevent similar incidents. The exchange…