dYdX has released a significant price fluctuation analysis report for SUSHI and YFI, the responsible party has been tracked and reported to law enforcement

The official dYdX website has released a post-analysis of the signific anT price fluctuations of SUSHI and YFI on dYdX v3, stating that they have successfully traced the responsible party and reported to law enforcement. dYdX is assisting law enforcement in investigating this matter and is evaluating all legal options.

 

dYdX states that it has updated risk control measures for dYdX v3, including modifying margin requirements for markets with lower liquidity; when abnormal activity occurs, initial margin ratios will automatically adjust. This may affect the ability to withdraw unrealized profits but will not impact liquidation prices; improvements have been made to open contract monitoring and alerts, especially over long periods. Meanwhile, future risk controls on the dYdX Chain will include redesigning the liquidation engine, ensuring data-driven market availability, adopting variable margin ratios as well as introducing new risk management tools.