Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly
Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%.
Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly
Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%.
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LAIZ HeadlinesCompany behind AI trade that caused $60 million crypto liquidations to cover all losses
The mark price fell 19% on a single pre-market trade in Korea. The company says its oracle worked exactly as designed.