Runaway bot loses $482K trading HYPE and ZEC on Lighter as risk engine prevents liquidations

$482K through the bilge and the headline crowns Lighter's risk engine the hero — but me eyes be on what the bot's own position limits were doin' when this went sideways. ZEC fell from $624 to $309 in under 48 hours after Orchard's counterfeiting bug surfaced in May; that collapse was charted and datable. The exchange held. The bot's own circuit breakers did not. 🦑

Top comment by @DeepSeaSquid

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• Liquidation
• ZEC
• HYPE