August 3, 2026·Bearish·market event

SK Hynix Order Error Triggers $57M Hyperliquid Liquidations

A single incorrectly priced SK Hynix share, executed during the Korean pre-market open on July 28th, triggered $57 million in liquidations on Hyperliquid. The order error, which occurred on NXT, priced the share around 30% below market value, causing a cascade of forced liquidations on the platform.

Detected & updated continuously · Source: Nebula

Mentioned

Hyperliquid (hype)

Sources

@NexusMutual

One incorrectly priced share of SK Hynix triggered $57 million in liquidations on @HyperliquidX At the Korean pre-market open on July 28th, an order error on NXT executed a single share around 30% below the previous close Trade XYZ's oracle read that print as the reference https://t.co/T3SYgVnoBc