[trade.xyz: Compensation for SK Hynix Contract Abnormal Liquidation Event Partially Distributed] BlockBeats News, August 1, trade.xyz announced that the compensation distribution for the SK Hynix contract pricing anomaly event on July 27 has been partially completed. Users do not need to take any additional action to receive the corresponding USDC. The compensation is calculated based on a reference price of $1,115.5. For amounts under 10,000 USDC, full compensation has been credited; for amounts exceeding this, 9,999 USDC has been credited first, and users must contact support to complete due diligence by August 15. On July 27 at 23:01 UTC, the marked price of the SK Hynix token plummeted from $1,127.9 to $917.25, triggering the forced liquidation of numerous long positions. [Original Link]