{"id":89293,"date":"2025-09-26T15:09:03","date_gmt":"2025-09-26T12:09:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89293"},"modified":"2025-09-26T15:11:16","modified_gmt":"2025-09-26T12:11:16","slug":"aster-compensates-traders-after-xpl-contract-glitch","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/aster-compensates-traders-after-xpl-contract-glitch\/","title":{"rendered":"Aster Compensates Traders After XPL Contract Glitch"},"content":{"rendered":"<p>The decentralised exchange Aster has completed compensating users who lost funds due to an error in the perpetual contract of the XPL token from the <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoin<\/a> project Plasma.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are aware of abnormal price movements on the XPL perpetual trading pair. Rest assured, all user funds are SAFU. We are conducting a full review and will compensate any affected users for losses.<\/p>\n<p>\u2014 Aster (@Aster_DEX) <a href=\"https:\/\/twitter.com\/Aster_DEX\/status\/1971331830252294282?ref_src=twsrc%5Etfw\">September 25, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On September 25, the coin&#8217;s price on the platform surged to $4, while on other exchanges it was around $1.3. According to Abhishek Pawa, founder of the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a> agency AP Collective, the issue arose from an incorrectly configured index manually set by the Aster team at $1.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">> Aster\u2019s XPL perp had the index hard-coded to $1.<br \/>> The mark price was capped at ~$1.22 off that broken index.<br \/>> They lifted the cap while the config was still wrong.<br \/>> Price on Aster spiked to ~$4 (wick) while other venues stayed near ~$1.3.<br \/>> Chart even stalled\/stuck briefly\u2026 <a href=\"https:\/\/t.co\/Yn5LOforS4\">pic.twitter.com\/Yn5LOforS4<\/a><\/p>\n<p>\u2014 Abhi | AP Collective (@0xAbhiP) <a href=\"https:\/\/twitter.com\/0xAbhiP\/status\/1971341880332820549?ref_src=twsrc%5Etfw\">September 25, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe settlement price, based on the incorrect index, was artificially capped at ~$1.22. The limit was removed before the index setting was corrected. As a result, the price soared to ~$4,\u201d he explained.<\/p>\n<\/blockquote>\n<p>Representatives of the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-decentralised-exchange-dex\">DEX<\/a> promptly rectified the error and promised to compensate affected traders. Compensation was distributed within three hours, followed by a second round of payments to cover trading and liquidation fees. The exact amount of reimbursed funds remains unknown.<\/p>\n<p>The incident occurred amid the <a href=\"https:\/\/forklog.com\/en\/news\/plasma-launches-mainnet-and-xpl-token\">launch<\/a> of Plasma&#8217;s mainnet and the debut of its native token XPL. At the time of writing, the asset is trading at $1.17, having dropped nearly 24% in the past 24 hours.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"600\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-270f5f411dabae10-5281102846865180-1024x600.png\" alt=\"image\" class=\"wp-image-266420\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-270f5f411dabae10-5281102846865180-1024x600.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-270f5f411dabae10-5281102846865180-300x176.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-270f5f411dabae10-5281102846865180-768x450.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-270f5f411dabae10-5281102846865180-1536x899.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-270f5f411dabae10-5281102846865180.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">5-minute XPL\/USDT chart on Bybit. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BYBIT%3AXPLUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">\u201cHyperliquid Killer\u201d<\/h2>\n<p>Aster <a href=\"https:\/\/forklog.com\/en\/news\/cz-backed-dex-aster-tops-hyperliquid-by-daily-volume\">continues<\/a> to outpace Hyperliquid in daily futures trading volume. Over the past 24 hours, the platform&#8217;s volume exceeded $46 billion compared to $17 billion for its competitor.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"304\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f87eb35220a7cf2f-5281117803759994-1024x304.png\" alt=\"image\" class=\"wp-image-266421\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f87eb35220a7cf2f-5281117803759994-1024x304.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-f87eb35220a7cf2f-5281117803759994-300x89.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-f87eb35220a7cf2f-5281117803759994-768x228.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-f87eb35220a7cf2f-5281117803759994-1536x456.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-f87eb35220a7cf2f-5281117803759994.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/defillama.com\/protocol\/perps\/aster\">DeFi Llama.<\/a><\/figcaption><\/figure>\n<p>The DEX on the BNB Chain has also surpassed Hyperliquid in fees. The newly launched exchange even managed to outpace Circle, the company behind the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a> stablecoin.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"350\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a78181a07faef17c-5281132392864857-1024x350.png\" alt=\"image\" class=\"wp-image-266422\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a78181a07faef17c-5281132392864857-1024x350.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-a78181a07faef17c-5281132392864857-300x102.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-a78181a07faef17c-5281132392864857-768x262.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-a78181a07faef17c-5281132392864857-1536x524.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-a78181a07faef17c-5281132392864857.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/defillama.com\/fees\">DeFi Llama<\/a>.<\/figcaption><\/figure>\n<p><span data-descr=\"total value locked\" class=\"old_tooltip\">TVL<\/span> for Aster has already reached $2.2 billion. In this metric, the platform still trails Hyperliquid, which stands at $5.9 billion. However, analysts <a href=\"https:\/\/forklog.com\/en\/news\/analyst-predicts-aster-to-surpass-hype-with-480-growth\">have suggested<\/a> that the situation could change soon.<\/p>\n<p>Previously, the community <a href=\"https:\/\/forklog.com\/en\/news\/speculation-arises-over-czs-involvement-in-aster-exchange-launch\">suspected<\/a> Binance founder Changpeng Zhao of being involved in the launch of the new decentralised exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aster has completed compensating users who lost funds due to an error in the perpetual contract of the XPL token from the stablecoin project Plasma.<\/p>\n","protected":false},"author":1,"featured_media":89294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"The exact amount of reimbursed funds remains unknown.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1307,787,1823,2167],"class_list":["post-89293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bnb-chain","tag-dex","tag-hyperliquid","tag-plasma"],"aioseo_notices":[],"amp_enabled":true,"views":"249","promo_type":"1","layout_type":"1","short_excerpt":"The exact amount of reimbursed funds remains unknown.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89293"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89293\/revisions"}],"predecessor-version":[{"id":89295,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89293\/revisions\/89295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/89294"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}