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Aster Resolves XPL Perp Glitch with Refunds as Growth Momentum Accelerates
Yahoo Finance· 2025-09-26 07:13
Core Insights - Aster DEX has successfully compensated users affected by abnormal price movements in the XPL perpetual trading pair, ensuring all impacted accounts received direct USDT refunds [2][5] - The incident was triggered by a misconfigured index that caused the XPL price to spike to nearly $4, while other exchanges maintained a price around $1.3, leading to liquidations of several traders [3][5] - Aster's rapid response to reimburse affected users has been positively received, although some users expressed concerns over the loss of trading points [6][7] Company Actions - Aster detected unusual behavior in the XPL perpetual contract and promptly suspended trading to protect users [3] - The exchange has fully distributed compensation for the XPL incident, with reimbursements made directly in USDT to affected users [2][5] - Aster has communicated that the issue has been resolved and that liquidation losses will be calculated and reimbursed [5] Industry Context - The incident underscores the risks associated with decentralized derivatives trading, particularly the potential for configuration errors to lead to significant disruptions [6] - Aster's quick reimbursement process highlights the importance of maintaining user trust in the decentralized finance space [6]
X @Cointelegraph
Cointelegraph· 2025-09-26 02:30
Crisis Management - Aster 已全额赔偿 XPL 永续交易对异常价格波动受影响的用户,赔偿以 USDT 形式分发 [1]
X @s4mmy
s4mmy· 2025-09-25 22:28
Market Anomaly - Abnormal price movements occurred on the XPL perpetual trading pair [1] - Questions raised regarding hard-coding index price and cap mark price before lifting the cap [1] - Concerns about labeling XPL as a stablecoin [1] Risk Management & User Protection - User funds are SAFU (Secure Asset Fund for Users), indicating fund security [1] - A full review is being conducted to investigate the price movements [1] - Affected users will be compensated for losses [1]