Kimi|Aug 10, 2026 12:54
"In extreme market conditions, taking responsibility—Bitget's handling this time deserves recognition.
Faced with user losses caused by this extreme market situation,
Bitget directly rolled out a corresponding compensation plan,
approaching real problems from the user's perspective.
The compensation rules are also quite reasonable:
Using the fair price from 10 minutes before the market anomaly as the calculation benchmark,
USDT compensation is provided only to short-position users who were innocently liquidated.
At the same time, accounts that actively opened positions during the anomaly are excluded,
ensuring precise coverage of the truly affected group.
The derivatives market itself is highly volatile,
and extreme situations of sudden liquidity imbalance are hard to completely avoid.
But the platform's approach is more reflected in its attitude toward handling risks after they occur.
Being able to face the issue, take the corresponding responsibility, and provide compensation to users,
while simultaneously committing to upgrading risk controls, optimizing marked prices, and improving liquidation mechanisms—
extending from post-event compensation to pre-event risk control optimization—
this way of prioritizing user rights, in my opinion, deserves a thumbs-up.
#Bitget #Crypto #USDT #RiskManagement #Compensation
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