Svmuu reports that decentralized derivatives exchange edgeX has announced the completion of goodwill compensation distributions to users affected by the June 2 incident.
This compensation is aimed at users who incurred realized losses between 4:50 and 6:00 on June 2 due to forced liquidations or stop-loss triggers on EDGE long positions on edgeX Perp V1 or V2. Each eligible user can receive up to 100,000 USDC in equivalent compensation.
The compensation is divided into two parts: 50% is distributed in USDC, which is now available for claim; the remaining 50% will be distributed in EDGE tokens during the first week of April 2027, with the specific amount calculated based on the 7-day TWAP at the time of distribution. edgeX stated that the application window remains open until 14:00 on June 9, and users who fail to complete registration by the deadline will forfeit their eligibility for compensation.
edgeX has issued compensation to users affected by the June 2 incident, with a maximum payout of $100,000 per user
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
-
2
Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
-
3
SK Hynix is up 5.58% from its previous close, now trading at ₩1,570,000.
-
4
Cryptocurrency Investing for Beginners: A Guide to Buying and Asset Management
-
5
WOL Token: Current Status and Investment Considerations for World of Legends
-
6
Nikkei Asia: Iranian separatists intensify attacks and seize territory in response to a potential full-scale US assault.
-
7
FOR Token (ForTube) Issuance Price and Project Analysis
-
8
"Demon Coins" in Crypto: Definition, Identification Methods, and Recent Cases
-
9
China's tech stocks lose luster as STAR 50 Index plunges over 40% from July peak, CATL falls 37% YTD amid AI profit doubts
-
10
Ethena Pay Earn+'s USDe pricing mechanism may conceal de-peg losses, 11x target leverage amplifies risks
Markets Today
Recommended Reading




