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How Hyperliquid Vault Risks Losing $230M Following This Solana Meme Coin’s Surge

CoinGape LogoCoinGape4d ago

How Hyperliquid Vault Risks Losing $230M Following This Solana Meme Coin’s Surge - CoinGape

Quick Summary:

Jelly-My-Jelly (JELLY JELLY) has spiked by over 100% over the last hour but the surge in value is triggering a wave of anxiety for Hyperliquid Vault.

The automated market maker is in the middle of a short squeeze and could lose a fortune if the Solana memecoin continues to surge.

The decentralized exchange is in the middle of a short squeeze of JELLY JELLY after taking up the short position from a trader who voluntarily liquidated his position.

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How Hyperliquid Vault Risks Losing $230M Following This Solana Meme Coin’s Surge - CoinGape (Picture 1)

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Article Details

Author / Journalist: Aliyu Pokima

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 15:13:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 176 words

Reading Time: 1 minutes read

Sentences: 31 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27354895

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 2 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "How Hyperliquid Vault Risks Losing $230M Following This Solana Meme Coin’s Surge" has 176 words across 31 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "How Hyperliquid Vault Risks Losing $230M Following This Solana Meme Coin’s Surge" was covered 4 days ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 2 news stories per day.

It's most recent story was published 11 hours ago.

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  • URL: https://beamstart.com/news/how-hyperliquid-vault-risks-losing-17430023818594

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