According to @ai_9684xtpa, Hyperliquid’s $XPL printed another sharp wick to nearly 1.00 USD while Binance’s $XPL perpetual showed little movement at the same time, indicating a temporary cross-exchange price divergence, source: @ai_9684xtpa (Aug 27, 2025). For short-term traders, this observed divergence highlights execution and slippage risk on Hyperliquid during wick events and underscores the need to monitor inter-exchange spreads for $XPL perps, source: @ai_9684xtpa (Aug 27, 2025).