ALERT AT #Hyperliquid !
#hype cae slightly due to 20 Minute Interruption and Order Execution Issues
A Technical Failure Tests the Resilience of the Solana DEX?
Hyperliquid traders experienced moments of tension on Tuesday when their trades were not executing, raising concerns about a possible interruption. Although the platform's status page did not reflect any issues, the community on Discord confirmed that the cause was a malfunction of the API, which affected Hyperliquid's trading interfaces and applications like BasedApp.
Reported Issues: The first reports of order execution problems began to arise around 14:20 UTC.
Confirmed Interruption: A representative from Hyperliquid confirmed on Discord that the service was operational again at 14:47 UTC, indicating an interruption of approximately 20 minutes.
API Failure: Luke Cannon, a prominent member of the Hyperliquid community, pointed out on X (formerly Twitter) that the project's API was the cause of the malfunction.