Hyperlicid’s friend crashed for half an hour, stopped all trading on the platform and added confidence to its tokens.
Summary
- Hyperlicid Dafi Exchange faced downtime.
- This issue was related to its front-end connection.
- The hyp token was below 5% post-the-accident.
In Defi, decentralization goes so far, it comes for user-support components. On Tuesday, July 29, between 14:20 and 14:47 UTC, the hyperlicid (hyp) crashed the API, disabled the front ends and stopped the trading. In that period, users could not open or close the trades, enter or exit small positions, or withdraw their funds.
The problem was given steam due to the sudden spike in the traffic due to a sudden spike. This API provides communication between hyperlicid DEFI protocol and its centralized front end, including its mobile apps and websites.
Continue functioning, incorporating backnd, hyperlicid dex and its layer -1 blockchain network. However, as the front end was down, traders do not interact with the network or dex via couch standard interfaces. Traders were unable to close or execute trades.
Hyperlicid Downs reflects delicity of Defee
While the issue was resolved quickly, the outage revealed the weaknesses hidden in many allegedly decentralized services. Although hyperlicid dex and network are decentralized, the website and mobile app are used to get them.
Many DEFI platforms rely on centralized servants to run their front ends. The website and mobile apps are different to work in a decentralized manner, making them an important vulnerability. Attackers of Freform Front-end attacks, DEFI protocols target websites to complete phishing or other schemes.
For example, Curve Finance faced a website DNS kidnapping in May 2025. In all these cases, the underlying blockchain infrastructure was not affected.
The hyp tokens fell around 5% immediately after the outage, from $ 45 to a low of $ 42.87. The tokens have been recorded in $ 44.25, but the issue continues to weight weight on the investor’s spirit.
