Prior rug/exit-scam affiliation

Hyperliquid's assessment for RD-F-115 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

No identified Hyperliquid team member is linked to a prior rug or exit-scam protocol. HyperVault rug (September 2025, ~$3.6M drained, 752 ETH to Tornado Cash) was a third-party project deployed on Hyperliquid's chain by unrelated developers — confirmed separate team that falsely claimed Spearbit/Pashov/Code4rena audits. Jeff Yan's prior ventures (Deaux, Chameleon Trading) are documented as legitimate. No rug affiliations in hacksdatabase or REKT news for Hyperliquid team.

Sources #

URL
https://www.datawallet.com/crypto/who-is-jeff-yan-hyperliquidretrieved 2026-04-28
URL
https://cryptonews.com/news/hyperliquids-hypervault-project-rugged-for-3-6m-devs-disappear/retrieved 2026-04-28

Methodology #

Determine whether any team member is linked via verified OSINT to a prior rug or exit-scam-labeled protocol.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol hyperliquid factor RD-F-115 score green collected_at 2026-04-28 13:58:49