Ventuals, a project within the Hyperliquid ecosystem, announced plans to compensate users affected by a recent oracle error that caused significant volatility in the SPACEX market. The incident, which occurred on May 29, was due to incorrect data from a downstream provider, leading to a 45% crash in the SPACEX-USDH perpetual contract and triggering liquidations. The team has taken immediate steps to prevent similar issues in Pre-IPO markets and is currently assessing the impact on affected users. Compensation is expected to be distributed within 48 hours as Ventuals works to address the fallout from the error.
Ventuals to Compensate Users After Oracle Error Triggers SPACEX Volatility
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