Hyperliquid: SKHX Oracle Glitch Triggers 17.9% Drop

Hyperliquid $SKHX flashed down 17.9% this morning when a single-share NXT premarket order in SK Hynix at 1,272,000 won triggered a 30% liquidity-driven halt. The malformed print propagated through the Hyperliquid oracle, forcing HYPE perps into a cascade that outpaced Binance liquidations in four hours; arbitrageurs then dragged Binance prices lower until both venues normalized.