Nvidia perps plunged 10% on Hyperliquid as the board reportedly weighs ousting Jensen Huang. That is key-man risk for the most crowded AI trade, and the tape will want a governance answer fast. $NVDA

What happened: The Wall Street Journal reported that Nvidia's board is preparing to oust CEO Jensen Huang over two extramarital affairs. Nvidia perpetual futures on Hyperliquid fell in response. Key numbers: Perps dropped 10% on Hyperliquid. Why it matters: The reported board move targets the CEO of a major chip company, and the tokenized perp market reacted with a sharp decline. Coverage: 14 outlets in 24h

The Wall Street Journal reported that Nvidia's board is preparing to oust CEO Jensen Huang over two extramarital affairs. Nvidia perpetual futures on Hyperliquid fell in response.

The reported board move targets the CEO of a major chip company, and the tokenized perp market reacted with a sharp decline.