---
title: "Hyperliquid HLP lost $1.2 million after taking over Fartcoin long positions; its APR over the past month is 0%."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282122891.md"
description: "Hyperliquid HLP incurred a loss of $1.2 million after taking over a large long position in Fartcoin, which was suspected to be a malicious attack. The loss represents a drawdown of about 0.35%. The attacker leveraged a low-liquidity coin, pushed the position to a loss, and triggered Advanced Debt Liability, forcing HLP to absorb the toxic position. Currently, Hyperliquid HLP's total value locked (TVL) is $420 million, with an annual percentage rate (APR) of 0% over the past month."
datetime: "2026-04-09T02:27:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282122891.md)
  - [en](https://longbridge.com/en/news/282122891.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282122891.md)
---

# Hyperliquid HLP lost $1.2 million after taking over Fartcoin long positions; its APR over the past month is 0%.

On-chain analyst 0xMacroGuy reported on X that Hyperliquid HLP lost approximately $1.2 million within 24 hours, equivalent to a drawdown of about 0.35%, due to taking over a large Fartcoin long position suspected to be malicious (now closed). According to 0xMacroGuy, the attacker's modus operandi was as follows: first, establish a large leveraged position on a low-liquidity coin; then deliberately push the position to a loss, intentionally burning through their own funds; once the position is liquidated, ADL (Advanced Debt Liability) is triggered, and HLP is forced to bear the loss, thus inheriting the toxic position and its associated bad debts; the end result is that the attacker loses funds, but HLP suffers even greater losses. The Hyperliquid HLP live page shows that the Vault's TVL (TVL) is currently $420 million, with an APR of 0% over the past month.

### Related Stocks

- [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md)
- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [GLXY.US](https://longbridge.com/en/quote/GLXY.US.md)
- [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md)
- [PURR.US](https://longbridge.com/en/quote/PURR.US.md)
- [RIOT.US](https://longbridge.com/en/quote/RIOT.US.md)
- [MARA.US](https://longbridge.com/en/quote/MARA.US.md)
- [BRPHF.US](https://longbridge.com/en/quote/BRPHF.US.md)
- [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md)
- [COIG.US](https://longbridge.com/en/quote/COIG.US.md)
- [COIW.US](https://longbridge.com/en/quote/COIW.US.md)
- [MNRS.US](https://longbridge.com/en/quote/MNRS.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md)
- [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md)
- [EETH.US](https://longbridge.com/en/quote/EETH.US.md)
- [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md)
- [FETH.US](https://longbridge.com/en/quote/FETH.US.md)
- [BTF.US](https://longbridge.com/en/quote/BTF.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [CONL.US](https://longbridge.com/en/quote/CONL.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [ETH.US](https://longbridge.com/en/quote/ETH.US.md)
- [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md)
- [SATO.US](https://longbridge.com/en/quote/SATO.US.md)
- [MRAL.US](https://longbridge.com/en/quote/MRAL.US.md)
- [CETH.US](https://longbridge.com/en/quote/CETH.US.md)
- [WGMI.US](https://longbridge.com/en/quote/WGMI.US.md)
- [SLON.US](https://longbridge.com/en/quote/SLON.US.md)
- [QETH.US](https://longbridge.com/en/quote/QETH.US.md)
- [IBLC.US](https://longbridge.com/en/quote/IBLC.US.md)
- [BLKC.US](https://longbridge.com/en/quote/BLKC.US.md)
- [HODL.US](https://longbridge.com/en/quote/HODL.US.md)
- [LMBO.US](https://longbridge.com/en/quote/LMBO.US.md)
- [BITO.US](https://longbridge.com/en/quote/BITO.US.md)
- [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md)
- [EZET.US](https://longbridge.com/en/quote/EZET.US.md)
- [VSOL.US](https://longbridge.com/en/quote/VSOL.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [MSTW.US](https://longbridge.com/en/quote/MSTW.US.md)
- [BSOL.US](https://longbridge.com/en/quote/BSOL.US.md)
- [SOLZ.US](https://longbridge.com/en/quote/SOLZ.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [STCE.US](https://longbridge.com/en/quote/STCE.US.md)

## Related News & Research

- [NEAR Protocol - AI PII Anonymization - Date (20 May 2026)](https://longbridge.com/en/news/287125820.md)
- [THORChain Price Outlook: Panic or Opportunity After RUNE Crashes 30%?](https://longbridge.com/en/news/286643134.md)
- [Crypto exchange Blockchain.com confidentially files for IPO](https://longbridge.com/en/news/287225110.md)
- [Echo Protocol suffers $76 million exploit in eBTC minting attack on Monad](https://longbridge.com/en/news/287081018.md)
- [Arbitrum-based derivatives venue Variational raises $50 million Series A led by Dragonfly](https://longbridge.com/en/news/287094874.md)