[Hyperliquid Founder: Hyperliquid Maintains Normal Operations During Market Volatility and Activates ADL for the First Time] Hyperliquid founder Jeff tweeted that during the recent market volatility, Hyperliquid maintained 100% uptime without any bad debt occurrences. This marks the first activation of cross-margin Auto-Deleveraging (ADL) in Hyperliquid's over two years of operation. ADL does not alter the outcome for any liquidated users. While some ADL trades yielded poor returns, the overall effect of ADL was that traders were able to close positions at briefly favorable prices, resulting in significant realized gains and losses.