From 16:06 to 16:09 (UTC+8) on August 1, ETHUSDT futures experienced a price spike, resulting in approximately $2.87M in abnormal profits for some users and $7.3M in abnormal losses for others.
💪🏻To fully protect the interests of all platform users, we have decided:
✅Full release of abnormal profits: Users who profited during the incident will not be subject to clawbacks, with a total of approximately 2.87million USDT being distributed.
✅Full compensation for abnormal losses: Users who incurred losses during the incident will be fully compensated by the platform, including those in unrealized loss positions. The total compensation amounts to approximately 7.3 million USDT.
👌JuCoin will bear a total compensation exceeding $10 million USDT for this incident. All compensations will be completed by 24:00 (UTC+8) on August 8.
We will continue to optimize system stability to ensure every user receives the protection they deserve, even in extreme market conditions.
👉More: https://bit.ly/46E2woC
JuCoin Community
2025-08-01 16:58
🚨Statement on August 1, 2025 Futures System Anomaly and Compensation Decision
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