Aster Reimburses Users Following XPL Contract Price Spike
Aster has reimbursed traders affected by an abnormal price movement in the XPL perpetual contract using USDT. The company didn't disclose the total compensated amount.
Resolution of XPL Perpetual Contract Spike
- The price of XPL surged from $1.30 to over $4 around 11 p.m. UTC on September 25, triggering liquidations.
- Aster assured users that funds are safe and initiated a review and compensation process.
- Compensation was distributed directly to affected users' wallets, covering liquidation losses and related fees.
ASTER Token Price Impact
- The ASTER token price dropped by more than 11%, currently trading at $1.80.
- This reflects an 11.77% decline over the past 24 hours, affecting market capitalization and trading volume.
- Previously, ASTER hit an all-time high of $2.34 before declining.