trade.xyz said it has completed compensation related to the SK Hynix price dislocation incident. The platform said all eligible liquidations were assessed using a reference price of $1,115.5. For users whose liquidation amount was below 10,000 USDC, funds have already been sent in full to their wallets and no further action is required. For cases above 10,000 USDC, trade.xyz said it has first deposited 9,999 USDC. Any amount above that threshold will go through a stricter due diligence process. The update outlines how the platform is handling payouts across different liquidation sizes and confirms that smaller eligible claims have already been fully processed.
trade.xyz said it has completed compensation tied to the SK Hynix price dislocation incident.
According to the platform, all eligible liquidations were calculated using a reference price of $1,115.5.
If a liquidation amount was below 10,000 USDC, the affected wallet has already received the full payout, with no action required from the user. If the liquidation amount exceeded 10,000 USDC, trade.xyz said it first deposited 9,999 USDC.
For the remaining amount above that level, the platform said a stricter due diligence review is required.
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