Decentralized perpetual contract platform Lighter reported an unusual price spike in the HYPE market due to a malfunctioning bot executing large trades on the order book. This resulted in a few orders being filled at extremely high prices. The incident did not trigger any liquidations or systemic impacts. To address the visual distortion caused by the anomaly on price charts, Lighter has hidden the affected data from its frontend interface. The platform assured users that the original on-chain data remains unaltered and can be accessed via blockchain explorers.