Backstop Liquidity Providers (BLPs) are agents incentivized to manage liquidated positions. They help ensure the resilience and stability of financial markets by safeguarding against severe disruptions and promoting orderly trading.
What is a Backstop Liquidity Provider (BLP)?
Share
Related Questions
- Which is better, ByBit or Phemex?
- Is it possible to recover lost money from crypto trading platforms such as BitMex and Bybit?
- Which is the best NFT marketplace, Bybit, WazirX, or Binance?
- What is the process for transferring cryptocurrency from Bybit to Coinbase Pro?
- What can be done to improve the security of cryptocurrency exchanges like Bybit?