Steps Hyperliquid Traders Should Take Following the Hyperdrive Exploit
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 29 2025Incident Overview: The Hyperdrive hack targeted two lending markets on Hyperliquid, resulting in approximately $782,000 in losses due to an arbitrary call in the router that allowed repeated withdrawals. The stolen funds were bridged to BNB Chain and Ethereum.
User Guidance: Users are advised to check their positions, revoke stale approvals on affected pools, and follow official channels for updates on compensation and reopening of markets, while being cautious of phishing risks.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
