According to Blockbeats, on November 13, Hyperwave, a DeFi project in the Hyperliquid ecosystem, announced that all withdrawals of its HLP yield-generating liquidity token, hwHLP, submitted since Saturday (November 8) must be resubmitted due to an unusual exchange rate decline. Users can submit support tickets via the official Discord or the app. Earlier today, a suspicious address allegedly manipulated the POPCAT price on Hyperliquid, causing a $4.9 million loss for HLP.
Hyperwave Announces Resubmission of hwHLP Withdrawals After Unusual Exchange Rate Drop
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