BlockBeats News, October 11, Aaron Ong, Co-Founder and Chief Technology Officer of the decentralized perpetual contract trading platform Grvt, posted on social media that during this "largest-scale liquidation event in crypto history," the platform's system remained stable, with no downtime or latency issues.
It is reported that Grvt achieved 0 downtime and low latency throughout the extreme market conditions, with no socialized losses. Emphasizing that platform reliability is not achieved overnight but is the result of being tested in such extreme market moments.