Opinion
The Terra collapse demonstrates why crypto exchanges need advanced risk management systems — especially when providing access to DeFi protocols offering favorable yields.
Lennix Lai
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Lennix leads the business strategy and operations for OKX internationally. With 15 years of experience in the world of crypto and financial services, Lennix plays a key role in OKX’s transformation from a standard centralized exchange into the largest hub for DeFi services, NFTs, blockchain gaming and crypto trading. Before joining OKX, Lennix served at JPMorgan, AIG and Cash Financial Services Group.
Terra’s meltdown highlights benefits of CEX risk-management systems