Operated smoothly through Oct 11 volatility; matching, funding, and risk controls performed as designed

 AscendEX, a leading global digital asset trading platform, reported that during the October 11 market turbulence, its core systems—including the matching engine, risk management modules, and deposit/withdrawal rails—remained stable and continuously available with no service disruption.

Founded in 2018 by George, who brings Wall Street experience, AscendEX has spent seven years building a culture of stability, transparency, and user-first execution.

George, Founder of AscendEX, said: “Extreme volatility is a real-time stress test of market infrastructure and operating discipline. On October 11, trading, clearing, and on/off-ramps ran smoothly while our risk engine executed pre-set rules to keep markets orderly. Wall Street–grade methodology and operator discipline underpin our ability to protect users through turbulent conditions.”

To manage such conditions, AscendEX has built multi-layered defenses for high-volatility environments: 

Elastic infrastructure: active-active architecture with auto-scaling to absorb peak traffic and order surges;

Matching–risk control loop: real-time margin monitoring, tiered maintenance margin, structured liquidation workflows, and last-resort ADL policies;

Anomaly detection: continuous surveillance for outlier orders and price dislocations with time-sliced circuit breakers and dynamic thresholds;

Security safeguards: hot/cold wallet segregation, multi-party authorization, and 24/7 security monitoring with regular drills;

Operational transparency: timely announcements and in-app guidance during fast-moving conditions;

Wall Street–grade risk culture: scenario stress testing and end-to-end controls emphasizing discipline and auditability. 

George added: “This won’t be the last bout of extreme volatility. We will continue to enhance stress testing and playbooks, refine risk parameters and liquidation mechanics, and deepen investment in compliance and security—leveraging our seven-year track record as a seasoned exchange to deliver a predictable, resilient trading environment.”

About AscendEX

Founded in 2018, AscendEX is a global digital asset platform offering spot and derivatives trading with professional-grade tools. With Wall Street roots and a focus on robust technology, rigorous risk management, and high-quality liquidity, the company serves both individual and institutional clients as reliable market infrastructure. For more information, please visit our website (https://ascendex.com) or follow our official social channels (https://x.com/AscendEX_).