I noticed an interesting case with HLP— it seems there was a major liquidation on the platform. One of the large BTC holders (, apparently an OG trader ), had a position of $700 million that was closed. As a result of this event, the protocol’s safe earned about $15 million. This is quite a substantial amount for a single event. Deposit holders received approximately 5.8% profit, which temporarily lifted the annual rate to nearly 110%—not bad for passive income. Interestingly, HLP is currently holding a long position in эфир worth about $23 million. It seems the protocol actively manages its portfolio, using liquidity to generate returns. Such events show how DeFi mechanics work—big market moves can bring significant profits to other participants in the system.