Lighter: Currently distributing a special reward of 250,000 points to compensate traders affected by the October 10 incident.

Jinse Finance reported that Lighter announced the distribution of a special reward totaling 250,000 points to compensate traders affected by the market crash on October 10. The second season of rewards will be distributed every Friday starting from October 17, with the first round of 600,000 points covering compensation for the past 2.5 weeks. The affected users are mainly divided into three categories, for which Lighter takes responsibility: Trading platform performance degradation: This occurred a few hours before the market crash on October 10. During this period, traders suffered a total loss of about $25 million, so 150,000 points will be distributed as compensation. In addition, liquidation fees will also be refunded in USDC. Market crash: At that time, the exchange system was operating normally, but LLP holders suffered a loss of about 5%. Although the system performed normally, Lighter still takes partial responsibility, as some LLP participants did not fully understand the mechanism of providing liquidity to LLP and its role as the ultimate liquidity source when necessary. A detailed analysis has previously clarified the operation of LLP, and LLP holders will receive 25,000 points as compensation. Database failure after market stabilization: Five hours after the market crash, the database used for the sequencer failed (see the incident report on October 12), causing Lighter to be offline for 4.5 hours. During this period, market volatility was low, and traders suffered a total loss of $7 million. Compensation for this period is 75,000 points, and liquidation fees will also be refunded in USDC.