I did the research with AI and here’s the short version of what can still nuke your stack on HyperLiquid / HyperEVM:

  - Bridge withdrawals ride on four “hot” keys and a 200-second veto timer. Three compromised hot keys can push a fake payout; if the slower cold wallets don’t hit the cancel button in those 200 seconds, every bridged USDC is gone. 

  - Only 21 validators run the whole chain. Any 14 of them can rewrite blocks, censor trades, or ship code changes. That’s still a pretty tight club by L1 standards. 

  - Audits ≠ immunity. The bridge passed two Zellic audits and has a live $1 M bug bounty, but the next upgrade could slip in a new bug. Treat “audited” as “better,” not “bullet-proof.” 

  - Multisig ends at HyperCore. Even a 3-of-5 multisig can’t stop a hacker who snags the original private key controlling your HyperEVM address—the docs spell this out. 
👇

- Chunks of the codebase are still closed-source. Validators run binaries they can’t fully inspect, so some bugs may surface only after funds are at risk. 

   Personally I use the network to farm the points, but not a big percentage from my portfolio. DYOR