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edgeX has issued compensation to users affected by the June 2 incident, with a maximum payout of $100,000 per user

Source: x.com
decentralized derivatives exchange edgeX has announced the completion of goodwill compensation distributions to users affected by the June 2 incident.This compensation is aimed at users who incurred realized losses between 4:50 and 6:00 on June 2 due to forced liquidations or stop-loss triggers on EDGE long positions on edgeX Perp V1 or V2. Each eligible user can receive up to 100,000 USDC in equivalent compensation.The compensation is divided into two parts: 50% is distributed in USDC, which is now available for claim; the remaining 50% will be distributed in EDGE tokens during the first week of April 2027, with the specific amount calculated based on the 7-day TWAP at the time of distribution. edgeX stated that the application window remains open until 14:00 on June 9, and users who fail to complete registration by the deadline will forfeit their eligibility for compensation.

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