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dYdX Proposes $462K Compensation for Users Affected by October Outage

dYdX Proposes $462K Compensation for Users Affected by October Outage

Author:

Global Cryptocurrency

Published:

2025-10-28 05:49:02

10

3

BTCCSquare news:

The DYDX community is reviewing a compensation proposal totaling $462,097.79 for traders impacted by a chain halt on October 10. The incident, triggered by a rare technical edge case during extreme market volatility, resulted in 27 verified claims.

Funds will be drawn from the protocol's $16.2 million insurance pool. While no on-chain losses occurred, users faced liquidations and erroneous trades during the outage. The Cosmos-based exchange has completed its post-mortem, attributing the disruption to an isolated market configuration bug.

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