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AI Summary
A single pre-market trade in Korea drove the mark price of an AI-linked stock perpetual down 19%, triggering roughly $60 million in crypto liquidations, and the operator has pledged to cover all user losses despite insisting its oracle functioned as designed. The episode exposes a structural flaw in tokenized-equity and stock-perp products: thin pre-market prints can feed directly into mark prices and cascade into forced liquidations, a market-structure risk that could invite regulatory scrutiny of oracle design across perp DEXs and synthetic equity venues. Watch whether the platform changes its oracle methodology, such as liquidity-weighted or session-filtered pricing, since a full reimbursement without a fix leaves the same tail risk in place.
As a Crypto signal, confirm the link to liquidity, rates, policy timing, and price reaction before drawing a trading conclusion.
Original Source: CoinDesk
This page is market information analysis, not investment advice.
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