Hyperliquid responds to false accusations: The state of the Hyperliquid Blockchain is complete and verifiable, and the insolvency claim is misleading information.

Odaily News Hyperliquid stated on the X platform that it is built on the foundation of on-chain transparency and has responded to multiple allegations in a recent article. Regarding solvency, Hyperliquid stated that the Blockchain status is complete and verifiable, and the author ignored HyperEVM USDC. Currently, the total USDC on HyperCore is 4.351 billion coins, and the system's solvency can be verified against user balances. Regarding volume manipulation, Hyperliquid clarified that the related functions are limited to Testnet use, aimed at boundary case testing, and cannot be executed on the Mainnet. In addition, the genesis distribution of the HYPE Token and the historical behaviors of various addresses can be verified on-chain, and there is no mechanism for manipulating Airdrops. Regarding permissions and security, Hyperliquid stated that the CoreWriter specification has been fully disclosed, and it does not support minting Tokens or moving user funds without signatures. For Oracle Machine prices, Hyperliquid explained that it uses a weighted median of prices submitted by multiple validators to ensure solvency during periods of high Fluctuation. Currently, Hyperliquid is operated by 24 validators under BFT consensus rules executing the same state machine, and it will achieve full Open Source in the future.