Aster has repaid affected users in USDT. | Credit: Credit: Fairfax Media via Getty Images via Getty Images. Key Takeaways Aster’s token plunged by over 14% after a price glitch on the DEX liquidated its users’ positions. The Plasma (XPL) token is trading up over 60% at $1.20 in the past 24 hours. Aster is yet to confirm the cause of the incident, which is speculated to have been caused by the team itself. Decentralized exchange (DEX) Aster has compensated its users who lost funds following an erro ...

Aster, the decentralized perpetuals exchange backed by YZi Labs, known for its ties to Binance founder Changpeng Zhao, has reimbursed traders who suffered losses following an abnormal price spike in its XPL perpetual contract. Key Takeaways: Aster swiftly reimbursed traders in USDT after an XPL price glitch triggered forced liquidations. The spike was likely caused by a transition error during the shift from pre-launch to live trading. Despite the incident, Aster’s market presence continues to grow, ...