4min chapter

Dwarkesh Podcast cover image

Brett Harrison - FTX US Former President & HFT Veteran Speaks Out

Dwarkesh Podcast

CHAPTER

FTX Was a Really Good Product Compared to Other Crypto Exchanges

Nisad: FTX was a really good product compared to other crypto exchanges I've heard a lot of like traders praise it was this was this competent sort of built while SPF was still doing media stuff or was this built before he kind of went on the PR train. Sam told and worked with you know Gary in the shot to build basically a cross collateralization system where you have just one wallet with all of your assets, haircut it appropriately based on volatility and liquidity but then summing up to a single collateral value that represents what you can put on for each position.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode