Trade.xyz is compensating users after a SKHYNIX pricing anomaly caused $60M in liquidations. Here's what happened and what it means for onchain

A rogue pre-market trade in SK Hynix shares in Seoul triggered a 20% flash drop in crypto perpetual contracts on Hyperliquid. The oracle price anomaly wiped out nearly $60 million…

The mark price fell 19% on a single pre-market trade in Korea. The company says its oracle worked exactly as designed.