In extreme market conditions, Perp DEX faces a greater impact than CEX. - $19.2 billion in liquidations were recorded across the entire network in 24 hours, with Hyperliquid experiencing $10.3 billion, nearly five times the amount recorded on Binance. - The largest single liquidation occurred on Hyperliquid, involving ETH-USDT, valued at $203 million. - Hyperliquid's HLP Vault saw a $40 million profit, with its PnL surging from $80 million to $120 million overnight. The HLP Vault's holdings were only $412 million. - Large outflows: Hyperliquid experienced its largest single-day net outflow ever, reaching $642 million.