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LA
Lagrange price
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Lagrange Feed
The following content is sourced from .
The on-chain contract depth is still a bit small.
It's best not to put large funds into small coin contracts,
this applies whether on DEX or CEX!
Everyone, don't forget the case of malicious liquidation of $La by @Elizabethofyou and @BTC_Alert_
on @Gate!
Additionally, my personal analysis: the exchange's backend data is basically a closed book, regarding targeted liquidation of small coins (especially for new coins that go live), when large funds come in, they will eat it first, that's just how brutal and ruthless it is!
It's basically impossible for you to profit and exit with large funds on exchange contracts.
(Especially referring to a certain small exchange 😂)
Exchange: You earning is not as good as me earning, after all, you're on my turf!
Aoke Quant 奥克队长🚩
The price of $XPL is being manipulated on @HyperliquidX, resulting in a liquidation of $2 million.
At 5:35 AM this morning, the perpetrators deposited $5 million USDC into Hyperliquid, and then immediately started going long with positions ranging from about $5 to $500,000, pushing the price of $XPL up to $1.8, while the highest contract price on Binance only reached 0.6176.
The partners' positions on Hyperliquid were liquidated at a peak of $2 million. Ultimately, the perpetrators leveraged millions of $XPL to manipulate the entire XPL market, making a quick profit of $10 million.
Now the perpetrators have already started withdrawing funds. Previously, due to issues with unrealized gains and losses, the HLP treasury ended up losing. This time, due to manipulation issues, the losses are being borne by the customers' real money.
@HyperliquidX still has not taken any action, and the perpetrators' withdrawals have started to arrive. If it were Binance @binancezh, any trading pair with a position exceeding a certain market proportion would have restrictions on orders, along with other risk control measures.
The problems with Hyperliquid are undeniable, and now various competing DEXs are emerging. If @HyperliquidX cannot provide a satisfactory response to users this time, it may struggle to maintain its position as the leading DEX.
The perpetrators' address is still in operation:
About Lagrange (LA)
Learn more about Lagrange (LA)
Lagrange Protocol: Revolutionizing Blockchain and AI with Zero-Knowledge Technology
Introduction to zk Lagrange Protocol and Zero-Knowledge Technology The zk Lagrange Protocol is revolutionizing the blockchain and AI ecosystems by leveraging cutting-edge Zero-Knowledge (ZK) technolog
Jul 11, 2025|OKX
Lagrange and Frax Finance Revolutionize Cross-Chain Queries with ZK Technology
Introduction to Lagrange's ZK Coprocessor In a groundbreaking partnership, Lagrange Labs and Frax Finance have joined forces to enhance cross-chain querying capabilities using Lagrange’s Zero Knowledg
Jun 2, 2025|OKX
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Lagrange FAQ
What is cryptocurrency?
Cryptocurrencies, such as LA, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as LA have been created as well.
Can I buy LA on OKX?
No, currently LA is unavailable on OKX. To stay updated on when LA becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of LA fluctuate?
The price of LA fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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