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dYdX released a post-mortem analysis of the SUSHI and YFI incidents, saying that the responsible persons had been tracked down and reported to law en

dYdX released a post-mortem analysis of the SUSHI and YFI incidents, saying that the responsible persons had been tracked down and reported to law en

CointimeCointime2024/01/04 00:57
By:Cointime

DYdX has released a post-analysis of the significanT price fluctuations of SUSHI and YFI on dYdX v3, successfully tracked down the responsible parties and reported to the law enforcement department. dYdX is assisting the law enforcement department in investigating this matter and evaluating all legal options.

In addition, dYdX stated that risk control updates have been made to dYdX v3, including: modifying the margin of low liquidity markets; the initial margin ratio will automatically adjust when abnormal activity occurs, which will affect the ability to withdraw unrealized profits but will not affect the liquidation price; improved monitoring and alerts for open contracts, especially over long periods of time.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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