{"id":90405,"date":"2025-10-29T11:25:00","date_gmt":"2025-10-29T09:25:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90405"},"modified":"2025-10-29T10:25:17","modified_gmt":"2025-10-29T08:25:17","slug":"hype-price-surges-to-100-on-lighter-due-to-bot-error","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/hype-price-surges-to-100-on-lighter-due-to-bot-error\/","title":{"rendered":"HYPE Price Surges to $100 on Lighter Due to Bot Error"},"content":{"rendered":"<p>On October 28, the price of HYPE from <a href=\"https:\/\/forklog.com\/en\/news\/the-price-of-popularity-and-a-lesson-for-all-hyperliquid\">Hyperliquid<\/a> on the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-decentralised-exchange-dex\">decentralized exchange<\/a> Lighter soared from $47 to $98 in just one minute, catching the attention of the community.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The prophecy of hype is being told by lighter<br \/>The pure poetry of it <a href=\"https:\/\/t.co\/6qzzVcuRRK\">pic.twitter.com\/6qzzVcuRRK<\/a><\/p>\n<p>\u2014 barthazian.eth \u5df4\u7279 (@Barthazian) <a href=\"https:\/\/twitter.com\/Barthazian\/status\/1982944053411946559?ref_src=twsrc%5Etfw\">October 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Some users <a href=\"https:\/\/x.com\/marshmellowxbt\/status\/1982935854613254334\">speculated<\/a> that the spike was due to whale activity. Others <a href=\"https:\/\/x.com\/chewaeth\/status\/1982929315873603901\">suggested<\/a> a possible attack.\u00a0<\/p>\n<p>The Lighter team commented on the incident, stating that a trading bot error was the cause.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A runaway bot jammed through the HYPE book with size, there were no liquidations or other adverse effects beyond this. Low volume was traded at very high prices, leaving the wick in creates scaling issues for the chart so it was scrubbed from the front end.<\/p>\n<p>\u2014 Lighter (@Lighter_xyz) <a href=\"https:\/\/twitter.com\/Lighter_xyz\/status\/1982936377668022508?ref_src=twsrc%5Etfw\">October 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The incident was caused by an uncontrolled bot that aggressively traded large volumes in the HYPE order book. This did not lead to liquidations or other negative market consequences,&#8221; wrote representatives of the <span data-descr=\"decentralized exchange\" class=\"old_tooltip\">DEX<\/span>.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>A trader known as HypeTrader claimed to have made $600,000 from the error by shorting the Hyperliquid coin in time. He called it &#8220;blind luck.&#8221;\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">So long story short, <a href=\"https:\/\/twitter.com\/search?q=%24HYPE&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$HYPE<\/a> scam wicked to $100 on <a href=\"https:\/\/twitter.com\/Lighter_xyz?ref_src=twsrc%5Etfw\">@Lighter_xyz<\/a> and I was able to instinctively unload my 66K HYPE position on <a href=\"https:\/\/twitter.com\/search?q=%24LIGHTER&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LIGHTER<\/a> from $49 for a profit of over half a million dollars.<\/p>\n<p>These scenarios are just examples of DUMB LUCK and also being paid for paying attention at\u2026 <a href=\"https:\/\/t.co\/N0SsOpxXWD\">pic.twitter.com\/N0SsOpxXWD<\/a><\/p>\n<p>\u2014 HypeTrader \u5a18\u903c | Sniperliquid.hl (@MomentumKevin) <a href=\"https:\/\/twitter.com\/MomentumKevin\/status\/1982924123438546994?ref_src=twsrc%5Etfw\">October 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"wp-block-heading\">Criticism\u00a0<\/h2>\n<p>Lighter removed the price wick from the HYPE chart interface, citing &#8220;scaling issues.&#8221; The decision drew criticism from users.\u00a0<\/p>\n<p>An analyst under the pseudonym Duo Nine believes that the exchange team was trying to hide more serious liquidity issues.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">You should just say your ordebooks are illiquid instead of censoring them to hide it.<\/p>\n<p>You&#8217;re effectively lying to your users by doing this. If next time users get liquidated, what then?<a href=\"https:\/\/t.co\/V2jb0b1Zun\">https:\/\/t.co\/V2jb0b1Zun<\/a><\/p>\n<p>\u2014 Duo Nine \u26a1 YCC (@DU09BTC) <a href=\"https:\/\/twitter.com\/DU09BTC\/status\/1983010372459409846?ref_src=twsrc%5Etfw\">October 28, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;You should just say your order books are illiquid instead of censoring them to hide it. By doing this, you are effectively lying to your users. If next time users get liquidated, what will you do?&#8221; he wrote.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>Similar sentiments were <a href=\"https:\/\/x.com\/reisnertobias\/status\/1983413815006920810\">expressed<\/a> by expert Tobias Reisner, who stated that &#8220;projects always find excuses to hide the truth.&#8221;\u00a0<\/p>\n<p>Back in late September, on the decentralized exchange Aster, the price of XPL from the <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoin<\/a> project Plasma suddenly <a href=\"https:\/\/forklog.com\/en\/news\/aster-compensates-traders-after-xpl-contract-glitch\">jumped<\/a> from $1.3 to $4. The cause was an error in the token&#8217;s perpetual contract.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 28, the price of HYPE from Hyperliquid on the decentralized exchange Lighter soared from $47 to $98 in just one minute, catching the attention of the community.<\/p>\n","protected":false},"author":1,"featured_media":90406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"HYPE price on Lighter surged from $47 to $98 due to a bot error.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,1823,1290],"class_list":["post-90405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-hyperliquid","tag-trading-bots"],"aioseo_notices":[],"amp_enabled":true,"views":"67","promo_type":"1","layout_type":"1","short_excerpt":"HYPE price on Lighter surged from $47 to $98 due to a bot error.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=90405"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90405\/revisions"}],"predecessor-version":[{"id":90407,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90405\/revisions\/90407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90406"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}