According to Wu Blockchain, trade xyz announced that on July 28 at 07:01 UTC+8, the SKHYNIX mark price flash-crashed from $1127.9 to $917.25. This price was based on executed trades relayed from multiple independent data sources, with its oracle tracking external venues serving as the primary pre-market in Korea. Although the oracle system operated as designed, it still triggered liquidations of user positions. As a one-time discretionary decision, trade xyz has decided to fully compensate users for liquidation losses caused by this price anomaly. Eligibility requirements and distribution details will be announced soon. The platform also stated that it will further improve its pricing system to address tail events, reassess the price formation assumptions of external venues, and incorporate order book price signals in the future. https://www.(wublock123.com)/news/news-65509