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Hyperwave Requires Resubmission of All Withdrawals Since Nov. 8 After hwHLP Rate Drop

Hyperliquid ecosystem DeFi project Hyperwave announced on Nov. 13 that all withdrawal requests submitted since Saturday, Nov. 8, must be resubmitted due to an unusual decline in the exchange rate of its HLP vault yield-bearing liquidity token hwHLP, BlockBeats reports. Users can submit support tickets via the official Discord or in-app channels. Earlier on Nov. 13, an address allegedly manipulated the price of POPCAT on Hyperliquid, resulting in a $4.9 million loss for HLP.
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