ZenWill

Binance has just announced that it will use 400M to compensate everyone for the recent historical liquidation event, a strong liquidation that happens once in 10 years.
I have been liquidated with a loss of ~16500 dollars, so how much will I approximately receive back?
The announcement from Binance has been summarized
Binance will distribute a total of 300 million USDC, with each person receiving between 4,000 to 6,000 USDC, for those who suffered losses due to forced liquidation in Futures and Margin trading from 00:00 on 10/10/2025 to 23:59 on 11/10/2025 (UTC).

Eligibility criteria:
• Forced liquidation during the above period.
• Loss ≥ 50 USDT.
• Loss ratio ≥ 30% of total assets (calculated based on the snapshot at 23:59 on 09/10/2025).
• Have not received any other compensation.

The amount of USDC received will be based on:
• The amount of loss,
• The loss ratio,
• And some other factors.

I may have met the eligibility criteria:
Forced liquidation occurred on 10–11/10
Yes
✅
Loss ≥ 50 USDT
16,500 USDT
✅
Loss ratio ≥ 30 %
Nearly 100 %
✅
No prior compensation received
✅

$TRUMP #Binance

🔥 Binance allocates 400m$ for the "Together Initiative" to address the aftermath and plans to rebuild trust for users.

Brief content: The market is volatile, and users have suffered losses. Binance aims to support users, restore the industry, and most importantly, rebuild trust. For Binance, users are always a priority!

400m$ is allocated as follows:

1. Individual Support (300 million USD USDC):
· Target group: Users who incurred losses due to forced liquidation in futures trading and margin trading on October 10-11, 2025.
· Conditions:
1. Loss of at least 50 USD.
2. Losses account for at least 30% of total net assets.
· Support amount: From 4,000 - 6,000 USD/person, depending on the extent of the loss.

2. Institutional Support (100 million USD):
· Target group: VIP users and organizations in the affected ecosystem.
· Form: Establishing a low-interest loan fund to help them stabilize liquidity and restart trading.

Note provided by Binance: Binance emphasizes that legally, they are not responsible for users' losses. This action mainly stems from the commitment to rebuild trust and for the long-term benefit of the industry.

· They reiterate the volatility and inherent risks of the cryptocurrency market, urging investors to act reasonably.

Invite everyone to read….and give feedback :)))
On that day, the trader was hit by a stop-loss but was not swept away, so they are not eligible for compensation. What about everyone else…