Opinion: Jupiter trading platform has defense mechanisms and is unlikely to be attacked by Hyperliquid
This article is machine translated
Show original
Planet Daily News: Regarding the recent $13 million attack on Hyperliquid, some community members have raised questions about potential vulnerabilities in Jupiter's JLP risk library. Analysis suggests that Jupiter has structural defense mechanisms that make such an attack unlikely. First, Jupiter only supports mainstream assets with high liquidity like , , and , while Hyperliquid allows trading of low-liquidity tokens (such as ), making it more susceptible to manipulation. Second, Hyperliquid relies on internal order book matching, allowing attackers to manipulate prices using limit orders, whereas Jupiter uses external oracles like to provide prices, making it difficult to influence market prices through a single platform. Additionally, Jupiter employs strict risk control mechanisms, with all trades directly borne by , involving no secondary risk library or manual intervention, ensuring stable trade execution. Although still faces risks from unilateral market trends, it balances pool risks through dynamic lending rate adjustments. (Blockworks)
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content



