CoinTelegraph

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

July 29, 202602:29 AM
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, an operator of onchain perpetual markets on Hyperliquid, said it will cover eligible liquidation losses after a price...

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