A Starknet-based perpetual DEX experienced a critical incident following a database migration error, forcing developers to execute a chain rollback to block 1,604,710. During the glitch, Bitcoin's price feed malfunctioned and displayed zero, cascading into mass liquidations across the platform before the recovery was completed. The incident highlights the vulnerabilities in emerging Layer 2 trading infrastructure and the speed at which pricing errors can trigger systematic liquidation cascades in on-chain derivatives markets.
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unrekt.eth
· 13h ago
Another rollback... I really can't hold it together with so many people being liquidated this time.
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SadMoneyMeow
· 13h ago
Another L2 joke, database migration can cause a liquidation storm, truly impressive.
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MetaverseLandlord
· 13h ago
Database upgrade failure, BTC price shows 0? These L2 derivatives are really fragile, how come there are still people willing to use them?
A Starknet-based perpetual DEX experienced a critical incident following a database migration error, forcing developers to execute a chain rollback to block 1,604,710. During the glitch, Bitcoin's price feed malfunctioned and displayed zero, cascading into mass liquidations across the platform before the recovery was completed. The incident highlights the vulnerabilities in emerging Layer 2 trading infrastructure and the speed at which pricing errors can trigger systematic liquidation cascades in on-chain derivatives markets.