Circuit breaker on price deviation
Hyperliquid's assessment for RD-F-057 — scored red on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
No documented circuit breaker. JELLY incident (400%+ price move in 1 hour, March 2025) was not stopped by any automated circuit breaker — validators manually voted to delist JELLY perp and settle at open price. No evidence of a programmatic deviation threshold. Manual validator governance was the sole intervention mechanism. This is an oracle-design failure directly confirmed by live incident.
Sources #
- URLJELLYJELLY Incident — Hyperliquid WikiJELLY incident post-mortem — manual delist by validator voteretrieved 2026-04-28
- Hyperliquid Delists JellyJelly After Vault Squeezed — CoinDeskCoinDesk JELLY coverage — no circuit breaker firedretrieved 2026-04-28
Methodology #
Determine whether the protocol halts or reverts if the oracle-reported price deviates by more than X% from a reference within Y blocks.
See the full factor methodology and distribution across all protocols →