Ventuals: Due to an oracle error causing significant fluctuations on SPACEX on Hyperliquid, compensation will be provided to liquidated users within 48 hours
By: rootdata|2026/05/29 20:45:01
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The Hyperliquid ecosystem project Ventuals posted on X: "We have noticed that about an hour ago, there was an incident in our SPACEX market. One of the off-chain data providers, which is a component of the oracle price, returned erroneous data, causing severe fluctuations in the oracle price and mark price of that market, which in turn triggered the liquidation of some users' positions.
We have taken immediate measures to prevent similar situations from occurring in any Pre-IPO market and are assessing the impact of this incident on affected users to formulate an appropriate compensation plan. Affected users will receive compensation within the next 48 hours.
According to previous news from ChainCatcher, the SPACEX-USDH perpetual contract on Hyperliquid experienced a 45% flash crash last night."
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