Odaily Planet Daily reported that BitMEX released a review report on the market flash crash on October 11, saying that during this record-breaking deleveraging event, the platform system remained stable, recording only approximately US$38.5 million in liquidation, accounting for 0.2% of the total market.

The report pointed out that the market crash was initially triggered by Trump’s tariff remarks, and then due to systemic failures and erroneous oracle data on some exchanges (including Binance and some derivatives platforms), chain liquidations and asset decoupling occurred.

BitMEX stated that its core infrastructure remained operational under extreme load, and withdrawal functionality was unaffected. The report emphasized that the platform effectively avoided abnormal liquidations and systemic risks through its automated margin deleveraging (ADL), multi-source fair price marking, and manual intervention mechanisms.

BitMEX pointed out that the incident exposed the structural flaws of some exchanges and reiterated that its risk engine and price index mechanism are designed to ensure the stable operation of the platform and the security of user assets.