Paradigm data analyst Strom reports that while some traders expressed dissatisfaction over Auto-Deleveraging (ADL) closing short positions before a price drop, data shows most ADLs occurred near the price bottom, securing optimal profits. Hyperliquid executed 35,000 ADL operations across 20,000 users and 161 tokens, with 99% of these occurring within a five-minute window starting at 21:16 UTC on October 10. During this period, a significant price drop aligned with ADL triggers, which occurred mid-crash, followed by a price rebound, effectively increasing the PnL for most short positions.
Hyperliquid ADL Boosts Short Positions' PnL Amid Market Volatility
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