Hyperliquid Reimburses $2M to Users After Downtime

💬 Summary:

Decentralized exchange Hyperliquid has refunded users $2 million after a sudden outage disrupted trades. The incident was caused by an API malfunction. The platform acted quickly to compensate users, boosting its credibility and showing how DeFi projects are improving in accountability and user protection.

⚠️ Why It Matters:

In a space often criticized for poor customer support, this move sets a strong precedent for user-first practices in the DeFi world. It shows that transparency and quick action can build long-term trust.

🔗 Source: CoinTelegraph

#DeFi #CryptoNews #Hyperliquid #Web3Trust