Trade.xyz will compensate for liquidation losses caused by SKHYNIX mark price anomalies

On July 28 at 07:01 (UTC+8), the SKHYNIX mark price dropped from $1,127.9 to $917.25, with the Trade.xyz oracle system operating as specified. Trade.xyz has decided to compensate for liquidation losses caused by this anomaly. Eligibility requirements will be announced, and distribution is expected to be completed in the coming days. Trade.xyz will improve its pricing system to handle tail events and will reassess the assumptions regarding external trading venues as well as price formation within its own order book.