Ventuals: Due to an oracle error causing significant fluctuations in SPACEX on Hyperliquid, users who were force-liquidated will be compensated within 48 hours.
According to Odaily, the Hyperliquid ecosystem project Ventuals posted on X: "We have noticed that about an hour ago, an incident occurred in our SPACEX market. One of the off-chain data providers, which serves as a component of the oracle price, returned incorrect data, resulting in significant volatility in the market’s oracle price and mark price, and triggering forced liquidations of some users’ positions. We have already taken immediate measures to prevent similar situations from happening again in any Pre-IPO market and are currently assessing the impact of this event on affected users in order to develop an appropriate compensation plan.
Affected users will receive compensation within the next 48 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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