Opinion: Jupiter trading platform has defense mechanisms and is unlikely to be attacked by Hyperliquid

Mars Finance News: Regarding the recent $13 million attack on Hyperliquid, some Solana 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 such as SOL, ETH, and wBTC, while Hyperliquid allows trading of tokens with lower liquidity (like JELLY), making it more susceptible to manipulation. Second, Hyperliquid relies on internal order book matching, which allows attackers to manipulate prices using limit orders, whereas Jupiter uses external oracles like Pyth 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 JLP, without involving secondary risk libraries or manual intervention, ensuring stable trade execution. Although JLP still faces risks from unilateral market trends, it balances pool risks through methods like dynamically adjusting lending rates. (Blockworks)