Hyperliquid has urgently delisted the JELLY perpetual contract on grounds of suspicious market manipulation.

Due to suspicious trading activities, Hyperliquid urgently delisted the JELLY perpetual contracts, and most users will receive automatic compensation.Hyperliquid announced the delisting of perpetual contracts related to the JELLY token, citing evidence of "suspicious market activities." According to

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Will the cryptocurrency perpetual contract business constitute the crime of opening a casino in China?

What is a "Perpetual Contract"?Just as the concept of ICO originated from IPO, perpetual contracts are not an original creation of the cryptocurrency world; they are derived from a traditional investment tool/financial derivative commonly seen in the capital market—futures contracts.In the tradition

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