Avoid getting scammed by fake Hyperliquid trading platforms
Written by Tomas Meskauskas on (updated)
What kind of scam is the fake Hyperliquid trading platform?
This fake crypto exchange platform imitates the legitimate Hyperliquid trading platform. The scam website we investigated perfectly mimicked Hyperliquid's design. However, the fraudulent webpage lacked functionality besides the "connect wallet" option. When users "connect" their digital wallets to this scam – a cryptocurrency drainer is activated.
Fake Hyperliquid trading platform overview
As mentioned in the introduction, the fake Hyperliquid trading platform that we researched appeared identical to the genuine website. While the scam site did not utilize typosquatting (i.e., relying on a user misspelling a URL), the imitator – hyperliquid[.]life – closely resembled hyperliquid.xyz – the official platform's domain. However, it must be stressed that this scam might not be exclusively promoted on hyperliquid[.]life; other domains are possible.
The fraudulent webpage had but one operational function – the one urging users to connect their cryptowallets to the supposed platform.
After a victim "connects" their wallet, they inadvertently expose it to a mechanism intended to drain it of funds. Some cryptocurrency drainers can guesstimate the value of digital assets and prioritize them. The outgoing transactions are automated and may appear vague so as to lower user suspicion.
Victims of crypto drainer scams can lose all or most of the assets stored in the exposed digital wallets. It is noteworthy that due to the nature of cryptocurrency transactions – they cannot be reversed, and victims cannot retrieve their funds.
Name | "Fake Hyperliquid Trading Platform" crypto drainer |
Threat Type | Phishing, Scam, Social Engineering, Fraud |
Disguise | Hyperliquid trading platform |
Related Domains | hyperliquid[.]life |
Detection Names (hyperliquid[.]life) | Combo Cleaner (Malware), G-Data (Malware), Full List Of Detections (VirusTotal) |
Serving IP Address (hyperliquid[.]life) | 172.67.200.230 |
Distribution methods | Social media spam, compromised websites, rogue online pop-up ads, potentially unwanted applications. |
Damage | Monetary loss |
Malware Removal (Windows) | To eliminate possible malware infections, scan your computer with legitimate antivirus software. Our security researchers recommend using Combo Cleaner. |
Cryptocurrency drainer scam examples
We have investigated countless online scams; "Mode Sunrise Airdrop", "$PAPE Pre-Sale", "Nim Rolldrop", and "Pacmoon Airdrop" are but a few examples of crypto drainers.
The Internet is full of deceptive and dangerous content. Various scams are promoted on the Web, and they utilize numerous lures to trick users into performing specific actions. However, the end goal is always the same – to generate revenue for scammers.
How did I open a scam website?
Cryptocurrency-centered scams have been noted being actively endorsed via social media spam, particularly on X (more commonly known by its former name – Twitter). Scam-promoting posts are often made using accounts stolen from genuine companies, organizations, celebrities, influencers, etc.
Other types of spam (e.g., PMs/DMs, browser notifications, emails, SMSes, etc.) are also utilized in scam endorsement. Additionally, deceptive webpages can be entered via redirects generated by websites using rogue advertising networks, mistyped URLs (typosquatting), intrusive ads, and installed adware.
How to avoid visiting scam websites?
Fake and malicious online content usually appears genuine and harmless. For example, intrusive ads and spam browser notifications may look innocuous – yet they redirect to unreliable and dubious sites (e.g., scam-promoting, gambling, pornography, adult dating, etc.).
We recommend exercising caution while browsing. Pay attention to URLs and enter them carefully. Be selective about which pages you allow to display browser notifications; do not enable suspicious ones to do so, and instead ignore or deny notification requests (i.e., click "Block", "Block Notifications", etc.).
Additionally, do not use websites offering pirated software/media or other questionable services (e.g., Torrenting, illegal streaming/downloading, etc.), as these webpages usually use rogue advertising networks.
Another recommendation is to treat incoming emails and other messages with care. Do not open attachments or links found in suspicious mail, as they can be harmful/virulent.
To avoid bundled/hazardous content from infiltrating the device – download from official/verified sources and be vigilant when installing software (e.g., study terms and options, use "Custom/Advanced" settings, and opt out of additional apps, extensions, tools, etc.).
If your computer is already infected, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate all threats.
The appearance of fake Hyperliquid trading platform (GIF):
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Quick menu:
- What is "Fake Hyperliquid Trading Platform" crypto drainer?
- How to identify a pop-up scam?
- How do pop-up scams work?
- How to remove fake pop-ups?
- How to prevent fake pop-ups?
- What to do if you fell for a pop-up scam?
How to identify a pop-up scam?
Pop-up windows with various fake messages are a common type of lures cybercriminals use. They collect sensitive personal data, trick Internet users into calling fake tech support numbers, subscribe to useless online services, invest in shady cryptocurrency schemes, etc.
While in the majority of cases these pop-ups don't infect users' devices with malware, they can cause direct monetary loss or could result in identity theft.
Cybercriminals strive to create their rogue pop-up windows to look trustworthy, however, scams typically have the following characteristics:
- Spelling mistakes and non-professional images - Closely inspect the information displayed in a pop-up. Spelling mistakes and unprofessional images could be a sign of a scam.
- Sense of urgency - Countdown timer with a couple of minutes on it, asking you to enter your personal information or subscribe to some online service.
- Statements that you won something - If you haven't participated in a lottery, online competition, etc., and you see a pop-up window stating that you won.
- Computer or mobile device scan - A pop-up window that scans your device and informs of detected issues - is undoubtedly a scam; webpages cannot perform such actions.
- Exclusivity - Pop-up windows stating that only you are given secret access to a financial scheme that can quickly make you rich.
Example of a pop-up scam:
How do pop-up scams work?
Cybercriminals and deceptive marketers usually use various advertising networks, search engine poisoning techniques, and shady websites to generate traffic to their pop-ups. Users land on their online lures after clicking on fake download buttons, using a torrent website, or simply clicking on an Internet search engine result.
Based on users' location and device information, they are presented with a scam pop-up. Lures presented in such pop-ups range from get-rich-quick schemes to fake virus scans.
How to remove fake pop-ups?
In most cases, pop-up scams do not infect users' devices with malware. If you encountered a scam pop-up, simply closing it should be enough. In some cases scam, pop-ups may be hard to close; in such cases - close your Internet browser and restart it.
In extremely rare cases, you might need to reset your Internet browser. For this, use our instructions explaining how to reset Internet browser settings.
How to prevent fake pop-ups?
To prevent seeing pop-up scams, you should visit only reputable websites. Torrent, Crack, free online movie streaming, YouTube video download, and other websites of similar reputation commonly redirect Internet users to pop-up scams.
To minimize the risk of encountering pop-up scams, you should keep your Internet browsers up-to-date and use reputable anti-malware application. For this purpose, we recommend Combo Cleaner Antivirus for Windows.
What to do if you fell for a pop-up scam?
This depends on the type of scam that you fell for. Most commonly, pop-up scams try to trick users into sending money, giving away personal information, or giving access to one's device.
- If you sent money to scammers: You should contact your financial institution and explain that you were scammed. If informed promptly, there's a chance to get your money back.
- If you gave away your personal information: You should change your passwords and enable two-factor authentication in all online services that you use. Visit Federal Trade Commission to report identity theft and get personalized recovery steps.
- If you let scammers connect to your device: You should scan your computer with reputable anti-malware (we recommend Combo Cleaner Antivirus for Windows) - cyber criminals could have planted trojans, keyloggers, and other malware, don't use your computer until removing possible threats.
- Help other Internet users: report Internet scams to Federal Trade Commission.
Frequently Asked Questions (FAQ)
What is an online scam?
Online scams are deceptive messages on the Web that have the goal to lure users into performing certain actions. For example, victims can be enticed into connecting digital wallets to crypto drainers, disclosing sensitive data, making monetary transactions, downloading/installing software, purchasing products, subscribing to services, calling fake helplines, and so forth.
What is the purpose of online scams?
The purpose of online scams is to generate revenue. Scammers predominantly profit by acquiring funds through deception, promoting content (e.g., websites, software, products, services, etc.), abusing/selling private information, and spreading malware.
I have lost cryptocurrency to a fake Hyperliquid trading platform, can I get my money back?
No, cryptocurrency transactions cannot be reversed (i.e., funds cannot be retrieved) due to their nearly untraceable nature.
Why do I encounter online scams?
Online scams are promoted via spam (e.g., social media posts, PMs/DMs, SMSes, emails, browser notifications, etc.), mistyped URLs (typosquatting), websites using rogue advertising networks, intrusive adverts, and installed adware.
Will Combo Cleaner protect me from online scams?
Combo Cleaner is designed to scan visited sites and detect deceptive/malicious ones. Therefore, should you enter such a webpage – you will be warned immediately, and further access to it will be blocked.
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