dYdX Offers $462K Compensation for Traders Hit by October 10 Chain Halt

dYdX is considering a compensation package of up to $462,097.79 for traders affected by the October 10 chain halt that caused market volatility and unexpected losses. This proposal comes as dYdX aims to address user concerns stemming from the incident where trading operations were halted due to a technical bug on its blockchain network. The move reflects a commitment to accountable decentralized governance, with community approval needed before the compensation is disbursed.