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The Nexus
BUSINESSJul 29 · 05:29 UTCCOINTELEGRAPHCointelegraph by Ezra Reguerra

Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly

Trade.xyz will reimburse eligible traders after an external SK Hynix price anomaly caused a nearly 19% drop in the contract’s mark price. The platform stated its oracle functioned as designed but acknowledged the price anomaly led to liquidation losses.

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TradeXYZorganizationSK HynixorganizationOracletopicprice anomalytopicperp liquidationtopicmark pricetopic
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