Hyperliquid Price Drops 5% as DeFi Hit by Kelp DAO Hack

Hyperliquid Price Drops 5% as DeFi Hit by Kelp DAO Hack
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On April 20, Hyperliquid (HYPE) price fell by around 5% during intraday trading, sparking fear in the community.
The drop comes amid heavy liquidation in the crypto market following the Kelp DAO hack, in which hackers siphoned off $290 million. 
Despite the drop in the HYPE tokens, the crypto market is showing resilience as Bitcoin (BTC) still holds a position above $76,000.   

On April 20, the Hyperliquid (HYPE) price suffered a drop of around 5.5% on a daily chart following turmoil in the decentralized finance sector due to the Kelp DAO hack. 
At the time of writing this, Hyperliquid is currently trading at around $40.87 with a market capitalization of $10.44 billion. Its daily trading volume has jumped by around 107% and currently revolves around $389.02 million, according to CoinMarketCap. 
DeFi Sector Takes a Major Hit After KelpDAO Hack
Once again, the decentralized finance sector is facing turmoil over the weekend, when hackers stole approximately $290 mil

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We współpracy z: https://www.cryptonewsz.com/hyperliquid-price-5-defi-hit-kelp-dao-hack/

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