Crypto Industry Divided Over Introducing Circuit Breakers on Exchanges

Since the inception of Bitcoin, volatility has been a part of the cryptocurrency narrative even before exchanges and the current mainstream mentions. Now that traditional markets are showing volatility further exacerbated than anti-fragile cryptocurrency during the coronavirus pandemic, the community is seeing how traditional marketplaces like the New York Stock Exchange handle equity and commodity volatility through circuit breaker implementation. 

In cryptocurrency and decentralized finance, liquidation auctions have been the answer for periods of market turbulence. The prominence of the traditional marketplaces triggering the circuit breakers has led some cryptocurrency exchanges to implement similar measures. So as the community debates the needs for mechanisms to protect investors versus decentralization, there are a few options and scenarios to consider.

When speaking on circuit markets and market volatility in a conversation with Cointelegraph, Vadym Kurylovych, the founder…