XPL Futures on Hyperliquid See $130M Wiped Out Ahead of the Plasma Token's Launch

$130 million in XPL futures on the Hyperliquid trading platform has been completely erased in value as market participants react to the impending launch of the highly anticipated Plasma token. The sudden loss raises questions about the market sentiment and the potential volatility surrounding the new token's introduction. source: https://www.coindesk.com/markets/2025/08/27/xpl-futures-on-hyperliquid-see-usd130m-wiped-out-ahead-of-the-plasma-token-s-launch