Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The endless hype around Hyperliquid and perpetual contracts? It's wrecking the space more than people realize. We're not even talking about fair competition anymore—this is something else entirely.



Take what went down on October 10th. Top-tier traders got completely liquidated in seconds. The culprit? A 98% scam wick that came out of nowhere. These aren't isolated glitches. They're becoming the norm.

When platforms allow this kind of manipulation, we've moved past "survival of the fittest." It's turned into a rigged casino where even the sharpest players can't protect themselves. The real damage isn't just to portfolios—it's to crypto's credibility as a whole.
HYPE11.28%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
TokenSleuthvip
· 12-01 06:57
98% fall in one second and get liquidated? This is the true nature of Perptual Futures, it is not trading at all, it's gambling.
View OriginalReply0
HalfBuddhaMoneyvip
· 12-01 06:53
98% of the wick, isn't this just a blatant play people for suckers by the market makers... I've seen through it long ago.
View OriginalReply0
BearMarketMonkvip
· 12-01 06:30
98% fake lines? This is what they call innovation in Perptual Futures, it's a brilliant satire. The casino rules are written on-chain, but the scammers write them in code.
View OriginalReply0
ProofOfNothingvip
· 12-01 06:27
98% candle lines? This is simply robbery, what kind of trading market is this?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)