Bybit CEO Ben has reviewed the market crash on October 11 that led to a bearish turn. Despite the platform maintaining zero downtime under peak traffic exceeding 1 million QPS, the industry-wide liquidation wave highlighted areas for improvement. Bybit plans to optimize its mark price algorithm to eliminate abnormal fluctuations and introduce a new combined insurance pool to mitigate auto-deleveraging (ADL) risks.
Bybit CEO Reviews October 11 Market Crash and Announces Upgrades
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