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SBF
@SBF_FTX
Replying to
@zoomerjd
Yup no ADLs--backstop + insurance fund was enough. Overall risk framework worked here (though some BLPs/MMs may have gotten toxic positions). The big problem was server overload. We had to throttle, hoping to take that off tonight.
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SBF
@SBF_FTX
Replying to
@zoomerjd
It's BLPs all the way down :P If they're all out of capacity, _then_ you could get ADLs. But the capacity is _big_.
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