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]

⚡️ NOW: Aster has fully reimbursed users affected by abnormal price movements on its XPL perpetual trading pair, with compensation distributed in USDT. https://t.co/JYVQy0ypM4 ...

Hard code index price and cap mark price, before lifting the cap for a god candle?How do you essentially label XPL as a stablecoin?Aster (@Aster_DEX):We are aware of abnormal price movements on the XPL perpetual trading pair. Rest assured, all user funds are SAFU. We are conducting a full review and will compensate any affected users for losses. ...