{"id":636069,"date":"2026-07-29T05:52:59","date_gmt":"2026-07-29T05:52:59","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/29\/trade-xyz-to-cover-sk-hynix-perp-liquidation-losses-tied-to-price-anomaly\/"},"modified":"2026-07-29T05:52:59","modified_gmt":"2026-07-29T05:52:59","slug":"trade-xyz-to-cover-sk-hynix-perp-liquidation-losses-tied-to-price-anomaly","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/29\/trade-xyz-to-cover-sk-hynix-perp-liquidation-losses-tied-to-price-anomaly\/","title":{"rendered":"Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly"},"content":{"rendered":"

\"Trade.xyz<\/p>\n

Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract\u2019s mark price to fall nearly 19%.<\/p>\n

Trade.xyz, an operator of onchain perpetual markets on Hyperliquid, said it will cover eligible liquidation losses after a price anomaly hit its contract tracking SK Hynix, a South Korean chipmaker and producer of high-bandwidth memory for artificial intelligence.<\/p>\n

Trade.xyz said<\/a> the SKHYNIX contract\u2019s mark price fell from $1,127.90 to $917.25 at 23:01 UTC on Monday after an executed trade was relayed by multiple independent data providers. Eligibility requirements will be announced soon, with distributions expected in the coming days.<\/p>\n

The SK Hynix contract ranks among Hyperliquid\u2019s most active markets. On Wednesday, Hyperliquid data showed<\/a> the contract had generated over $1.5 billion in 24-hour volume and held nearly $600 million in open interest at the time of writing.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract\u2019s mark price to fall nearly 19%. Trade.xyz, an operator of onchain perpetual markets on Hyperliquid, said it will cover eligible liquidation losses after a price anomaly hit its contract tracking SK Hynix, a […]<\/p>\n","protected":false},"author":1,"featured_media":636070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-636069","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/636069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=636069"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/636069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/636070"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=636069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=636069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=636069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}