Hyperliquid Response to XPL Price Surge: No technical issues or defaults have occurred on the platform, and users are advised to be mindful of the risks on their own.

By: theblockbeats.news|2025/08/27 17:12:15
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BlockBeats News, August 27th, the Hyperliquid team announced on their Discord channel that today the XPL market experienced significant volatility, with the token price surging approximately 2.5x in a matter of minutes. During this period, the Hyperliquid blockchain operated as intended without any technical issues: it first executed liquidations according to the order book, then triggered the Automatic Deleveraging (ADL) mechanism as per the public protocol. Hyperp employs a fully isolated margin system, where all user gains and losses are isolated from other asset positions. This liquidation and ADL event only impacted XPL positions, with no protocol insolvency.

The pre-listing market itself carries inherent unpredictability. The robust mark price formula used by Hyperp effectively prevents flash surges, requiring the order book price to sustain a high level for several minutes before triggering liquidation.

Hyperliquid is a permissionless multi-market protocol, with each market presenting unique risk features. Users are strongly advised to familiarize themselves with the operation of markets like hyperp by reading the documentation and implementing appropriate risk management before trading. All hyperp products come with risk warnings, alerting users to low liquidity, high volatility, and increased liquidation risk.

Finally, some users have proposed using high collateral positions for shorting. After the next network upgrade, the hyperp mark price will be capped within 10x of the 8-hour mark price EMA. While this condition has never neared triggering, it establishes a mathematical boundary for liquidation prices for over-collateralized short positions. The 8-hour EMA has been publicly disclosed as the on-chain and API price feed for Hyperp. It is important to note that this upgrade does not alter any of today's liquidation or ADL outcomes but aims to encourage liquidity provision during periods of volatility. Different user suggestions come with their own risk vectors, and the optimal solution is to introduce more liquidity to these markets to mitigate volatility impact.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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