Skip to main content

dYdX Proposes $462K Payout to Traders After 8-Hour Outage

dYdX Proposes $462K Payout After Outage

Dario Cesaro avatar
Written by Dario Cesaro
Updated today

Decentralized exchange dYdX is set to put a proposal before its community to compensate traders affected by an eight-hour chain outage. The disruption, which occurred during a significant market crash, led to incorrect trade executions and liquidation losses for some users. The proposed compensation aims to address these issues using funds from the protocol's insurance fund.

Did this answer your question?