Hyperliquid Debunks Accusations: HIP-1 Token Supply Fixed and On-Chain Transparency Verified

COINOTAG News reports that Hyperliquid has issued a formal clarifying note after unfounded solvency allegations. The company denies claims of undercollateralization by $3.62 billion, citing HyperEVM USDC and a current USDC balance of about $43.51 billion. This correction underscores the need for accurate, on‑chain data in crypto news and reinforces reader confidence in Hyperliquid’s liquidity posture and transparency.

Additional clarifications separate testnet activity from mainnet reality, with on‑chain records fully transparent and no privileged fees or manipulated airdrops. CoreWriter’s function is described as standard HyperEVM operation, not «god mode». Governance moves are upgrade‑oriented; the L1 was not frozen during the POPCAT event, while the Arbitrum bridge was locked as a precaution. Validators’ submissions remain observable, and future upgrades may introduce anti‑censorship and MEV controls.