According to TradingBeats monitoring, the four market makers on Hyperliquid have incurred a total loss of $23.515 million in the past 30 days, with a turnover of approximately $17.254 billion. Wintermute, Auros Global, Cumberland, and Flow Traders have historically accumulated profits, but have already withdrawn $27.075 million since early July. The losses were concentrated during the mid July volatility period, with Wintermute, Cumberland, Auros Global, and Flow Traders experiencing maximum 24-hour drawdown of $5.651 million, $4.041 million, $1.937 million, and $1.127 million, respectively. At present, Wintermute and Auros Global are still providing quotations, while Cumberland and Flow Traders have not yet seen bilateral quotations.
