The Terra collapse demonstrates why crypto exchanges need advanced risk management systems — especially when providing access to DeFi protocols offering favorable yields.
Lennix Lai is the managing director of OKX. He leads the business strategy and operations for OKX, internationally. Before joining OKX, Lennix served at JP Morgan, AIG and Cash Financial Services Group. With 15 years of experience in the worlds of financial services and fintech, Lennix plays a key role in OKX’s transformation from a standard centralized exchange into the largest hub for DeFi services, nonfungible tokens and blockchain gaming — as well as crypto trading.
Terra’s meltdown highlights benefits of CEX risk-management systems