A "runaway bot" triggered a violent price spike for the HYPE token, briefly sending it to $98 and igniting a debate over liquidity and frontend transparency on decentralized exchanges. Hyperliquid’s HYPE token skyrocketed from $47 to roughly $98 in a minute on the decentralized exchange Lighter before crashing back down on Monday. In a tweet, the Lighter team stated that a “runaway bot” aggressively cleared the order book, jamming automated orders through a thin-liquidity market. While the team scrubbed ...