Trade.xyz to Reimburse Users After SK Hynix Price Glitch Triggers
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Defi-planet - are covering this story. TL;DR Trade.xyz will reimburse eligible SK Hynix perpetual traders after an external Korean pre-market print pushed the mark price down 19% and triggered liquidations. Preliminary estimates placed liquidations near $57 million and realized…
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Trade.xyz to Reimburse SK Hynix Perp Losses After External Price Print Triggers 19% Mark Drop
TL;DR Trade.xyz will reimburse eligible SK Hynix perpetual traders after an external Korean pre-market print pushed the mark price down 19% and triggered liquidations. Preliminary estimates placed liquidations near $57 million and realized…
Trade.xyz to Reimburse Users After SK Hynix Price Glitch Triggers
Trade.xyz has announced that it will compensate eligible users who suffered liquidation losses after an abnormal SK Hynix price movement triggered forced closures of leveraged positions on its platform. The company described the compensatio…