Hyperliquid Founder Exposes CEX Liquidation Data Discrepancies
Hyperliquid founder Jeff has accused major centralized exchanges of systemic underreporting of liquidation events. "What traders see publicly represents just 1% of actual liquidations," he stated, claiming exchanges display single events when thousands occur simultaneously.
The allegations highlight critical transparency gaps in crypto markets. Accurate liquidation data remains essential for proper risk management, particularly during periods of high volatility when margin calls cascade through derivatives markets.