ASTER DEX has completed the compensation for users who are affected by abnormal price fluctuations of the XPL permanent trading pairs.
The decentralization exchange has risen as a careless market competitor to the hyperclicade advocated by Binance’s founder Changpeng Zhao, as DEX was executed in the BNB chain.
ASTER compensates the trader after an abnormal XPL price fluctuations.
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ASTER reassured the community in a community that had a direct USDT refund with all affected accounts and compensated for users who were affected by anomalous XPL price fluctuations.
“The compensation for the XPL perp case is now completely distributed. All the affected users have been repaid directly to the account on USDT. Thank you for patience and understanding in this process.
Earlier this week, ASTER detected abnormal behavior in the XPL permanent contract to stop activities and urge user protection pledges.
According to the community report, the incorrect index caused confusion. According to ABHI, a warm chain analyst, the index price was hardcoded to $ 1 and the mark price was about $ 1.22.
When the upper limit lifting without modifying the index, the price of ASTER has soared to almost $ 4, even if the other exchange is stable for about $ 1.3.
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The result was a sudden wet to freeze the trading chart for a while before returning to a more realistic level.
Aster has been liquidated by some merchants during this movement, but aster promptly sweared the full repayment.
“The problem of the XPL permanent transaction pair has been completely solved, and all users who have been liquidated during this period will calculate and repay the liquidation loss directly to the wallet of the USDT within the next time.
Aster moved to quickly restore trust, but this event emphasizes the dangers of still in the decentralized derivatives. It shows that the configuration error can come out of the cost of expensive.
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Nevertheless, the quick repayment of the exchange is well known, and the affected user has reported that the funds have been restored in several hours. But some still lose their trading points.
“Why is my trading point decrease by more than 100,000 points compared to yesterday? Can the point still deducted? Why is it?” One user mourned.
This incident reflects the vulnerable way of operating glich even with a fast -growing exchange.
Aster Market Growth has surpassed competitors.
Despite the technical hiccups, ASTER continues to post impressive growth levels. According to Dune Analytics, ASTER has produced $ 16.3 million for daily transaction fees over the last 24 hours. This is more than $ 4.9 million in hyperliquid.
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User adoption is also accelerating. ASTER has currently reported a total of more than 2.5 million traders and has added almost 468,000 new accounts in the last 24 hours.
Such growth sometimes suggests that the demand for hot chain permanent is still strong despite confusion.
If you add momentum, ASTER’s Aboriginal token’s whale activity is drawing attention. Market analyst Mario Nawfal pointed out that a large holder has recently accumulated $ 55 million toasters and is worth about $ 115 million for two days.
This level of beliefs have made speculation of insider’s trust in the trajectory of the platform, despite the simplicity of the XPL event.