Svmuu reported that Ventuals, a project within the Hyperliquid ecosystem, posted on X: "We have identified that an incident occurred in our SPACEX market approximately one hour ago. An off-chain data provider, which is one of the components of our oracle price, returned erroneous data. This caused severe fluctuations in the oracle price and mark price for that market, subsequently triggering the liquidation of some user positions. We have taken immediate action to prevent similar occurrences in any Pre-IPO markets and are currently assessing the impact of this event on affected users to formulate an appropriate compensation plan."
Affected users will receive compensation within the next 48 hours.
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Ventuals: Will Compensate Users Liquidated in Hyperliquid SPACEX Volatility Due to Oracle Error Within 48 Hours
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