After Hyperliquid went down briefly yesterday, the team has announced that it will refund affected users. The temporary outage of the largest crypto derivatives decentralized exchange (DEX) led to order delays and left some traders unable to alter existing or limit positions, leading to unavoidable losses for some.

A Hyperliquid core contributor announced today, July 30, that the team will be refunding users impacted by the issue, with an update on the specifics expected in the coming delays.

Core contributor Iliensinc addressed the issue via Discord where they made it clear that there was no hack or exploit, and that Hyperliquid was continuously producing blocks during the outage. They also clarified that the downtime solely affected the API servers due to a significant spike in traffic. The Hyperliquid frontend interface was down for 37 minutes, and the refunds will be processed automatically, Iliensinc said.

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