I copy/pasted the two combinators that comprise the trigger (with their connections) to another place on the same space platform, and connected a constant combinator and a lamp to the copy. It works just like a Schmitt trigger should. But when I connect the space platform hub to the copy, the copy does the same bizarre oscillation.
I can only guess that the "read contents" function of the space platform hub outputs signals differently somehow, compared to constant combinators/chests/storage/tanks/everything else in the game. Surely this can't be the intended behavior?
Here's a picture of the original Schmitt trigger in situ. I could put together a blueprint but this should be enough to reproduce the issue, it's a widely used design:

And a picture of the copy:
