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Hyperliquid co-founder: ADL will not transfer profits and losses to HLP, and its handling of users and HLP is completely symmetrical.
PANews, December 10—Hyperliquid co-founder Jeff published an article refuting the claim that the ADL (Auto-Deleveraging) mechanism transfers profits and losses to HLP (Hyperliquidity Provider). Jeff stated that the ADL mechanism does not transfer profits and losses to HLP; its treatment of users and HLP is completely symmetrical, and ADL will not destroy $653 million in profits.