On-chain monitoring data show that today's XPL flash crash caused Hyperliquid's HLP vault to lose approximately $556,000. XPL fell from $0.086431 to $0.069429, triggering successive liquidations of long positions. The HLP vault involuntarily absorbed long exposure to approximately 160.39 million XPL, worth about $12.18 million. The vault acquired the exposure at an average cost basis of $0.07592 and ultimately exited at $0.0725.