What October 10th Revealed About Market Makers

Auros CCO Jason Atkins defends the essential role of market makers in stabilizing institutional capital and evaluates Hong Kong’s strategic position as the bridge between global liquidity markets. Auros CCO Jason Atkins joined CoinDesk Live at Consensus Hong Kong to debunk the "evil" market maker narrative, arguing that liquidity providers are the primary defense against catastrophic volatility. Atkins explains how recent market dislocations exposed the risks of a system without market makers, where absent liquidity makes assets uninvestable for pension funds and major institutions. He highlights the growing competition between centralized exchanges and on-chain venues like Hyperliquid, while detailing why Hong Kong is destined to "run back the playbook" as the definitive gateway for Western capital to access Eastern markets. - This episode was hosted live by Sam Ewen and Will Foxley at Consensus Hong Kong 2026, presented by Hex Trust.