Trade.xyz to cover SK Hynix perpetual contract liquidation losses after price anomaly
Trade.xyz will reimburse eligible traders for losses incurred from liquidations on its SK Hynix perpetual contract. This decision follows a price anomaly where an external SK Hynix price print caused the contract’s mark price to drop by nearly 19%. The platform stated that its oracle system functioned as designed despite the incident.
Source:Cointelegraph · Source Link
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