In a shocking twist of events, Aster DEX ๐ just proved why itโs one of the hottest rising stars in DeFi ๐. After โabnormal price movementsโ on the freshly launched XPL token, the exchange pulled off a move rarely seen in crypto โ full refunds to users ๐ฏ๐.
๐ก What Went Down:
Users trading $XPL faced crazy price swings ๐ข caused by a glitch between a โprogrammed index priceโ and a mark price. Once removed, it sent valuations flying. ๐โก
Aster Token ($AST ) itself wasnโt spared โ dropping 12% in a single day to $1.80 ๐๐ฅ.
Despite the chaos, Aster stepped up big time with two rounds of compensation ๐ฐ๐ฐ, ensuring all affected users were fully refunded in USDT. ๐ชโจ
Any user who hasnโt received their funds yet is urged to reach out via Discord ๐จ.
๐ The XPL Madness:
XPL traded between $1.54 (high) and $0.74 (low) in just 24 hours โณ
Meanwhile, Asterโs perpetual futures contracts saw an even wilder ride: $4 top ๐ vs. $0.55 bottom ๐.
๐ This comes after massive growth on BNB Chain last week, but marks the first real setback for Aster. Still, the fact that users got their money back has boosted community trust ๐ค๐ฅ.
โ ๏ธ Crypto never sleeps, and Aster just reminded the world: itโs not about avoiding problems, itโs about how you fix them. ๐โจ
