PANews reported on October 15th that, according to CoinDesk, Finery Markets, a provider of encrypted electronic communications networks and SaaS, stated in a report that during the recent cryptocurrency market crash, over-the-counter (OTC) desks played a critical role as a "shock absorber," stabilizing trading, curbing market volatility, and limiting the spread of broader systemic risks. The company explained that, unlike centralized channels like Binance, which rely on central, visible liquidity, OTC desks provide off-exchange liquidity in a unique, private environment tailored to each participant. This "dark pool liquidity" significantly reduces the contagion of systemic risk and helps avoid bank runs, which can be triggered by visible panic on public order books.
Report: Cryptocurrency Liquidation Crisis Highlights OTC Platforms as Critical Shock Absorbers
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Author: PA一线
This content is for informational purposes only and does not constitute investment advice.
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