Wu Blockchain (@WuBlockchain): Bybit CEO Ben: Reflections and Technical Upgrades Following the October 11th Crash

Bybit CEO Ben: Reflections and Technical Upgrades Following the October 11th Crash Bybit CEO Ben reflected on the October 11 crash that shifted the market into a bearish trend. He highlighted that while the platform remained stable with zero downtime under peak traffic of over 1 million QPS, industry-wide liquidations signaled a need for optimization. In response, Bybit upgraded its Mark Price mechanism to filter pricing anomalies and introduced a new portfolio insurance pool to mitigate Auto-Deleveraging (ADL) risks. Additionally, the exchange has partnered with Nasdaq and Solidus Labs to enhance surveillance against coordinated market attacks.