Gauntlet CEO Tarun Chitra Calls for Updating Exchange ADL Mechanisms

Tarun Chitra, head of blockchain risk management firm Gauntlet, highlights the need to modernize auto-deleveraging processes used by crypto exchanges.

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Terms & Concepts
  • Auto-Deleveraging (ADL): A mechanism used by crypto exchanges to reduce risk by automatically reducing positions of traders during extreme market volatility.
  • Gauntlet: A blockchain risk management platform providing quantitative analysis and simulations for decentralized finance protocols.
  • Crypto exchange: An online platform enabling users to buy, sell, and trade cryptocurrencies.