The WEEX trading platform has allocated a risk reserve of 10 million USDT to fully compensate users affected by K-line anomalies

BlockBeats News: On March 5th, the WEEX trading platform announced that with the recent surge in platform user and trading volume, from 00:00 to 01:08 UTC+8 on March 5th, WEEX stacked high concurrent trading requests during the fund rate settlement cycle, resulting in abnormal load on some shard nodes and delayed ETH/USDT trading pair matching and abnormal K-line data. At present, the relevant faults have been fully repaired and the platform is running stably. WEEX has allocated a risk reserve of 10 million USDT and will provide full compensation to affected users, fulfilling the commitment of "100% user asset security protection". At present, the WEEX technical team has synchronously launched accident review work, focusing on special optimization of distributed architecture and matching performance, increasing technical performance investment, and further strengthening system stability and business carrying capacity in extreme scenarios.