Ventuals to compensate traders after pre-IPO SpaceX perps plunge 45% on Hyperliquid

HYPE

HYPE/USDT

$85.47

+1.83%

$85.47

+1.83%

(24s)

24h Volume

$521,116,992.30

24h H/L

$86.17 / $83.71

Change: $2.46 (2.94%)

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$85.82

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$101.5591

Resistance 2$98.2013

Resistance 1$87.536

Price$85.82

Support 1$83.9231

Support 2$74.0098

Support 3$70.928

Pivot (PP):$85.2733

Trend:Uptrend

RSI (14):65.3

The Block Editorial

(09:12 AM UTC)

1 min read

Reviewed bySarah Chen

0 comments

Decentralized derivatives platform Ventuals said it will compensate users within 48 hours after its pre-IPO SpaceX perpetual contract on Hyperliquid plunged 45% within a 30-minute window on Thursday afternoon, triggering liquidations across hundreds of accounts.

Specifically, SPACEX-USDH fell from $2,277 to $1,254 before partially recovering to around $2,174. While it remains unclear from…