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Opinion: Jupiter trading platform has defense mechanisms and is unlikely to be attacked by Hyperliquid
2025-04-01 13:21

Odaily News In response to the recent $13 million attack on Hyperliquid, some Solana community members questioned whether Jupiter’s JLP risk library had similar vulnerabilities. In response, analysts believe that Jupiter has a structural defense mechanism and is unlikely to encounter similar attacks.
First, Jupiter only supports mainstream assets with sufficient liquidity, such as SOL, ETH, and wBTC, while Hyperliquid allows tokens with lower liquidity (such as JELLY) to be traded, making them more susceptible to manipulation. Second, Hyperliquid relies on internal order book matching, and attackers can use limit orders to manipulate prices, while Jupiter uses external oracles such as Pyth to provide prices, making it difficult to influence market prices through a single platform.
In addition, Jupiter adopts a strict risk control mechanism. All transactions are directly undertaken by JLP, without involving secondary risk pools or manual intervention, to ensure the stability of transaction execution. Although JLP still needs to deal with risks such as unilateral market trends, it balances pool risks through dynamic adjustments to lending rates. (Blockworks)