Gate BEN Market Logs 92 Liquidations After Scheduled Dividend Adjustment

DERIVATIVESGate BEN Market Logs 92Liquidations After ScheduledDividend Adjustment17IMPORTANCECLOSED2NEWS MEDIA2PIECESSep 30, 2026 10:27blockboard.net

Gate’s BENUSDT perpetual market logged 92 liquidation orders in the 65 seconds after a scheduled stock-dividend adjustment on Sept. 30. Gate had announced on Sept. 28 that BENUSDT would carry a $0.33 Franklin Resources dividend adjustment payable at 4...

What this rests on

Claim by claim, with its source
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Gate’s BENUSDT perpetual market recorded 92 liquidation orders in the 65 seconds after a scheduled stock-dividend adjustment on Sept. 30.
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Gate’s Sept. 28 notice assigned a $0.33 Franklin Resources dividend adjustment to BENUSDT, payable at 4...
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About 200 accounts were affected by a same-name asset error, and balance displays were being restored.
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The BENUSDT liquidation event was presented as an example of volatility and risk in equity-linked crypto derivatives.

What it means

Who it affects, what changes and what is still unconfirmed

Each sentence links inside to the piece that supports it.

BENUSDT traders and other market participants would notice the liquidation burst immediately, because 92 liquidation orders appeared in a 65-second window after the scheduled adjustment on Sept. 30. Anyone using the BENUSDT perpetual market also faced the earlier Sept. 28 dividend notice that set a $0.33 Franklin Resources adjustment for the contract.

Market reaction

GT Gate the event is about this asset from 2 h before to 4 h after the line marks the first headline
published
+0.47 % before publication
+1.12 % after
$11price at publication
12series points

How the story was built

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 30 10:27
+9 min
Sep 30 10:36
Crypto Briefing context
Its angle: highlighting, underscores, derivatives

Has this happened before?

Nothing comparable yet.