Analysis: The surge in XPL contract prices on Aster in the early morning was due to the removal of the marked price cap

ChainCatcher news, according to analysis by Guthix, the Aster exchange hard-coded the XPL contract index price to $1 and set the marked price cap at $1.22. After removing the price cap, the XPL price instantly surged to $4, while prices on other platforms remained stable.

Previously, the official statement indicated that this incident was due to serious negligence by the exchange operator, not a security vulnerability or attack. A comprehensive review has been initiated, and they have promised to compensate affected users, ensuring the safety of user funds.