According to CoinMeta, trade.xyz completed the compensation distribution for the abnormal pricing event on July 27th with Hynix tokens on August 1st, and users do not need to take any additional action. The compensation is calculated based on a reference price of $1115.5 USD. For accounts holding less than 10,000 USDC tokens, the full amount will be credited; for those holding more, $9999 USDC will be credited first. Users are required to contact support before August 15th to complete a due diligence process. At 07:01 on July 28th (UTC +8), the price of Hynix tokens SK plummeted from $1127.9 to $917.25, triggering a forced liquidation of numerous long positions.