Hyperliquid Co-Founder: ADL does not transfer profits and losses to HLP, its handling of users and HLP is completely symmetrical. Hyperliquid co-founder Jeff posted to refute the claim that 'ADL (Auto-Deleveraging Mechanism) transfers profits and losses to HLP.' Jeff stated that the ADL mechanism does not transfer profits and losses to HLP (Hyperliquidity Provider), its handling of users and HLP is completely symmetrical, and ADL does not destroy $653 million in revenue.