Slim Phatty LFO problem

I have a baffling problem with the LFO: for some reason it doesn’t oscillate anymore. If I, for example, set Pitch as the destination, mod wheel works just as a pitch wheel would when turned upwards. I’ve tried different sources, many act the same but ramp brings the pitch down instead and filter envelope does something depending on its shape. If i set Filter as the destination, the filter just opens and closes as I turn the mod wheel, the same with Wave and OSC 2. The behaviour stays the same throughout my presets, all the vibratos and whatnot stored across the presets have transformed into this.

Have I botched up a global setting or what could be the problem? I’ve tried two different midi keyboards and they both have the same effect, I also used the LFO knob as mod wheel by pressing down the amount button and the problem was still there.