Time
02:10
Hyperliquid co-founder: ADL will not transfer profits and losses to HLP; its treatment of users and HLP is completely symmetrical.
December 10, 2025
CoinFeed News
Hyperliquid co-founder Jeff refuted the claim that "ADL (Automatic Liquidation) transfers profits and losses to HLP (Hyperliquidity Provider)." Jeff stated that the ADL mechanism does not transfer profits and losses to HLP, its treatment of users and HLP is completely symmetrical, and ADL will not destroy the $653 million in revenue.