超液体：面临前所未有的网络威胁的危机平台

2024 年 12 月 23 日，将被载入加密货币衍生品平台 Hyperliquid 的历史。事实上，这一天流动性大量外流

Recent events on the Hyperliquid platform have highlighted a growing threat in the crypto universe: the involvement of North Korean hackers.

Hyperliquid 平台上最近发生的事件凸显了加密世界中日益严重的威胁：朝鲜黑客的参与。

Over $256 million was withdrawn from the platform in record time, triggering major concerns among investors and industry observers.

在创纪录的时间内从该平台撤回了超过 2.56 亿美元，引发了投资者和行业观察人士的重大担忧。

Hyperliquid, a platform in crisis facing an unprecedented cyber threat

Hyperliquid，一个面临前所未有的网络威胁的危机平台

December 23, 2024, will be marked in the history of the crypto derivatives platform Hyperliquid. Indeed, this day saw a massive exodus of liquidity, reaching $256 million in net outflows.

2024 年 12 月 23 日，将被载入加密货币衍生品平台 Hyperliquid 的历史。事实上，这一天流动性大量外流，净流出达到 2.56 亿美元。

But what caused such a panic among platform users? According to experts, the seed was planted as early as October, when hackers linked to North Korea began carrying out suspicious transactions on the platform.

但到底是什么原因导致平台用户如此恐慌呢？据专家称，这一种子早在 10 月份就已埋下，当时与朝鲜有关的黑客开始在该平台上进行可疑交易。

The alert was raised by Tay Monahan, a security researcher at Metamask, who published an analysis on X (formerly Twitter).

该警报是由 Metamask 安全研究员 Tay Monahan 提出的，他在 X（前身为 Twitter）上发表了分析。

In his words, the addresses associated with the Democratic People’s Republic of Korea (DPRK) are not just conducting simple exchanges, but are testing vulnerabilities.

用他的话来说，与朝鲜民主主义人民共和国（DPRK）相关的地址不仅仅是进行简单的交换，而是在测试漏洞。

This statement sowed panic, prompting a massive withdrawal by platform users.

此言论引发恐慌，导致平台用户大规模退出。

Hyperliquid attempted to calm the storm via a statement on Discord, asserting that no direct exploit had been confirmed and that user funds were intact.

Hyperliquid 试图通过在 Discord 上发表声明来平息这场风暴，声称尚未确认直接利用行为，并且用户资金完好无损。

Yet, distrust persists, fueled by statements suggesting that Hyperliquid’s infrastructure relies on only four validators. A centralization perceived as a major flaw in the blockchain world.

然而，不信任依然存在，暗示 Hyperliquid 的基础设施仅依赖四个验证器的声明加剧了这种不信任。中心化被认为是区块链世界的一个主要缺陷。

Crypto and North Korean threat: a worrying reality

加密货币和朝鲜威胁：令人担忧的现实

North Korea is no stranger to hacking activities in the crypto sector. In 2024, groups like Lazarus amassed $1.3 billion in stolen cryptocurrencies, a figure that doubled within a year.

朝鲜对加密货币领域的黑客活动并不陌生。 2024 年，Lazarus 等组织窃取的加密货币价值达 13 亿美元，这一数字在一年内翻了一番。

These cyberattacks would serve to circumvent international sanctions and to finance a regime in search of currencies.

这些网络攻击将有助于规避国际制裁并为寻找货币的政权提供资金。

In the case of Hyperliquid, this North Korean involvement revealed the vulnerability of the crypto market to organized cyber threats.

就 Hyperliquid 而言，朝鲜的参与揭示了加密货币市场面对有组织网络威胁的脆弱性。

The repercussions were not limited to withdrawals. The native token HYPE fell by 20%, dropping to $28 after reaching an all-time high of $35 shortly before the revelations.

影响不仅限于撤回。原生代币 HYPE 在爆料前不久达到 35 美元的历史高点后，下跌了 20%，跌至 28 美元。

This plunge reflects a loss of confidence that could have a lasting impact on the platform.

这次暴跌反映出信心的丧失，这可能会对平台产生持久的影响。

Experts, while sometimes criticizing Monahan’s alarmist tone, acknowledge the importance of an open debate on security.

专家们虽然有时会批评莫纳汉危言耸听的语气，但也承认就安全问题进行公开辩论的重要性。

Laurence Day, co-founder of Wildcat Labs, summed up the situation: “The emergence of Kim Jong-un’s henchmen in the crypto world is always a warning signal.”

Wildcat Labs 联合创始人劳伦斯·戴 (Laurence Day) 总结了这一情况：“加密世界中金正恩追随者的出现始终是一个警告信号。”

Solutions, but persistent challenges

解决方案，但挑战依然存在

To limit upcoming losses, experts suggest two defense strategies.

为了限制即将到来的损失，专家提出了两种防御策略。

The first, put forward by the pseudonymous developer Cygaar, relies on the quick intervention of Circle, the issuer of USDC, which could freeze the stolen funds by blacklisting suspicious addresses.

第一个是由匿名开发者Cygaar提出的，依靠USDC发行者Circle的快速干预，可以通过将可疑地址列入黑名单来冻结被盗资金。

This approach would help limit the damage, but it requires flawless responsiveness.

这种方法将有助于限制损害，但它需要完美的响应能力。

The second measure, more radical, would involve rolling back (reverting) on the Arbitrum chain, which hosts Hyperliquid.

第二项措施更为激进，涉及在托管 Hyperliquid 的 Arbitrum 链上进行回滚（恢复）。

However, this solution raises many controversies and is only considered in the presence of “existential” threats.

然而，该解决方案引起了许多争议，并且仅在存在“存在”威胁的情况下才被考虑。

In conclusion, this episode illustrates the security challenges facing the crypto universe.

总之，这一集说明了加密世界面临的安全挑战。

While platforms like Hyperliquid attract significant capital, they also become prime targets for malicious actors. Vigilance and technological innovation remain essential to protect an ecosystem still fragile in the face of cyber threats.

虽然像 Hyperliquid 这样的平台吸引了大量资本，但它们也成为恶意行为者的主要目标。为了保护在网络威胁面前仍然脆弱的生态系统，保持警惕和技术创新仍然至关重要。

Meanwhile, Trump promises strong measures upon his inauguration.

与此同时，特朗普承诺在就职后将采取强有力的措施。