Hyperliquid Backstop Liquidator Receives 1 Million USDC Deposit From @tradexyz
2026-07-27 17:13:40
According to HyperliquidNews monitoring, @tradexyz deposited 1 million USDC into the on-chain backstop liquidator 10 days ago to help reduce auto-deleveraging during periods of high market volatility. According to Odaily, the liquidator is enabled only for cross-margin assets and has processed $4.15 million in liquidations so far, generating $28,281 in profit.
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