Aster Platform XPL Contract Anomaly, Official Response to Fully Compensate Affected Users

BlockBeats News, September 26th. This morning, the Aster platform's XPL perpetual contract experienced a significant abnormal fluctuation. Community analysis suggests that this anomaly was due to a severe negligence by the operator, rather than a bug or attack, i.e., the index price was hard-coded to $1; the mark price was capped at $1.22. Upon removing the price cap, the price instantly surged to $4, while prices on other exchanges remained stable.

Responding promptly, the Aster platform stated, "We have noticed the abnormal price fluctuation of the XPL perpetual contract trading pair. Rest assured, all user funds are secure. We are conducting a thorough retrospective analysis and will compensate the losses of affected users."

At the time of this post, the issue with the XPL perpetual contract trading pair has been fully resolved. All users who were forcibly liquidated during this period will have their liquidation losses calculated and reimbursed in USDT directly to their wallets within the next few hours.