BULK, a perpetual futures DEX in the Solana ecosystem, said it has switched the XRP market back to a reduce-only and order-placement mode as a precaution after detecting abnormal activity. The exchange said regular trading has been paused for now. During that period, the team will work on improving liquidity and adding extra safety protections. BULK added that it will publish a separate announcement once normal trading resumes. The update was posted by the project on X and did not include a timeline for reopening full trading. No further details on the abnormal activity were provided in the statement.
BULK, a perpetual futures DEX in the Solana ecosystem, said on X that it has switched the XRP market back to a reduce-only and order-placement mode as a precaution following abnormal activity in the market.
The platform said the team will focus on improving liquidity and adding extra safety measures while regular trading remains paused. BULK said it will issue another announcement after normal trading resumes.
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