Hyperliquid will set a strict cap for the settlement fund, and JELLY long positions users will be refunded at $0.037555.

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BlockBeats news, on March 28, Hyperliquid stated that users holding long positions in JELLY will be refunded by the foundation at a settlement price of 0.037555. This means that all JELLY traders will settle at a price favorable to them, unless they are marked addresses. Hyperliquid is strengthening risk management in various ways, including: · HLP: The liquidation vault will have a strict cap, representing only a small portion of the total account value of HLP, with reduced rebalancing frequency and more complex logic around backup liquidation. If the losses of the liquidation vault exceed a certain threshold, ADL will be triggered, rather than automatically transferring collateral from other component vaults. Please note that ADL is not expected to be triggered in organic market activities. · Open contract cap: The open contract cap will be dynamically adjusted based on market capitalization. · Delisting assets: Validators will vote on-chain to delist assets below the threshold.

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