## Hyperliquid Operates Stable Through Market Turmoil, Activates Cross Margin ADL Mechanism for the First Time



In the context of recent volatile market movements, the Hyperliquid platform has demonstrated its system resilience. According to PANews on October 12, Hyperliquid founder Jeff announced that the platform has maintained 100% uptime, with no bad debts incurred.

**ADL: The First Financial Protection Mechanism in Two Years**

Notably, Hyperliquid has just implemented the Automatic Deleveraging (ADL) mechanism for cross margin positions for the first time. This is a rare event, occurring after more than two years of platform operation without activating this mechanism.

**Practical Impact on Traders**

An important point to clarify is that ADL does not affect the liquidation outcomes of previous users. Although some transactions triggered ADL and yielded modest profits, the overall significance of this mechanism is to allow traders to close positions at relatively favorable prices temporarily, enabling more meaningful profit and loss decisions compared to being forced into full liquidation.
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