Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Opinion: The Jupiter trading platform has defensive mechanisms, making it difficult to be subjected to Hyperliquid-style attacks

Opinion: The Jupiter trading platform has defensive mechanisms, making it difficult to be subjected to Hyperliquid-style attacks

Bitget2025/04/01 13:42

In response to the recent $13 million attack on Hyperliquid, some members of the Solana community have questioned whether Jupiter's JLP risk pool has similar vulnerabilities. In this regard, analysis suggests that Jupiter has structural defense mechanisms and is unlikely to suffer a similar attack.

Firstly, Jupiter only supports mainstream assets with ample liquidity such as SOL, ETH, wBTC, while Hyperliquid allows tokens with lower liquidity (such as JELLY) to be traded, making it more susceptible to manipulation.

Secondly, Hyperliquid relies on internal order book matching where attackers can manipulate prices using limit orders. On the other hand, Jupiter uses external oracles like Pyth for price provision which makes it difficult for single platform influence over market prices.

Furthermore, Jupiter adopts strict risk control mechanisms where all transactions are directly borne by JLP without involving secondary risk pools or manual intervention ensuring transaction execution stability. Although JLP still needs to deal with risks such as one-sided market

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!