edgeX has distributed compensation to users affected by the June 2 incident, with individual users receiving up to $100,000

Odaily Planet Daily reports that decentralized derivatives exchange edgeX has announced the completion of its goodwill compensation distribution for users affected by the June 2 incident.

This compensation is available to users who incurred realized losses between 4:50 and 6:00 on June 2 due to forced liquidations or stop-loss triggers on EDGE long positions on edgeX Perp V1 or V2. Each eligible user can receive compensation worth up to 100,000 USDC.

The compensation is distributed in two parts: 50% in USDC, which is currently available for claim; the remaining 50% will be distributed in EDGE tokens during the first week of April 2027, with the specific amount calculated based on the 7-day TWAP at the time of distribution. edgeX stated that the application window remains open until June 9 at 14:00, and users who fail to complete registration by the deadline will forfeit their eligibility for compensation.