Home / Technology / Hacker Breaches Hyperliquid Wallet, Drains $21M in Crypto
Hacker Breaches Hyperliquid Wallet, Drains $21M in Crypto
11 Oct, 2025
Summary
- $21 million worth of crypto assets stolen from Hyperliquid platform
- Hacker accessed system using private key, moved 17.5M DAI and 3.11M SYRUPUSDP
- PeckShield warns users to avoid suspicious links, use cold wallets or multi-sig
On October 11th, 2025, a significant security breach was reported at the Hyperliquid platform, leading to the theft of $21 million worth of crypto assets. According to the blockchain security company PeckShieldAlert, the hacker was able to access the system using a private key, moving 17.5 million DAI and 3.11 million SYRUPUSDP from the victim's wallet.
The hacker quickly bridged the stolen funds across various blockchains, making it extremely difficult to retrieve the assets. PeckShield has recommended its users to be vigilant and avoid clicking on suspicious links. The security firm also advised users to keep their accounts secured with cold wallets or multi-signature protection to prevent such incidents in the future.
This breach serves as a stark reminder of the importance of robust security measures in the rapidly evolving cryptocurrency landscape. As the industry continues to grow, it is crucial for both platforms and users to prioritize the protection of digital assets to maintain the trust and integrity of the blockchain ecosystem.
