Hyperliquid co-founder Jeff has refuted claims that the ADL mechanism transfers profitable positions to the platform's insurance fund, such as the HLP liquidity pool, effectively donating user profits. Jeff clarified that the ADL does not transfer PnL to HLP and is not involved in any form of back-end liquidation. He emphasized that HLP treats users symmetrically within its mechanism. Additionally, Jeff dismissed allegations that ADL eliminated $653 million in PnL, attributing such claims to misunderstandings of the mechanism. He criticized some commentators for using technical jargon to mislead and urged the industry to be wary of deceptive statements.