[Hyperliquid Co-founder Jeff Responds to Critics: ADL Has No Connection to HLP, Denies Claims of 'Destroying $653 Million in Profits'] Odaily Planet Daily News – Hyperliquid co-founder Jeff posted on the X platform to refute recent allegations regarding the ADL (Auto-Deleveraging) mechanism, stating that some commentators have drawn incorrect conclusions without understanding the core concepts. He emphasized that the ADL mechanism 'does not transfer profits or losses to HLP' and pointed out that its handling of users and HLP is entirely symmetrical, asserting that 'ADL has no connection to HLP or back-to-back liquidations.' Jeff also denied the claim that 'ADL destroyed $653 million in profits,' stating that such remarks are based on misunderstandings. He criticized certain self-proclaimed academic authors for 'using complex machine learning terminology to package erroneous arguments,' stressing the importance of understanding the subject before publishing research or commentary.