A leading exchange's top feature: Institutional large-volume trades no longer "disturb" the market

【BlockBeat】A major exchange recently launched something quite interesting—bringing the IOI system from traditional finance into cryptocurrency trading, reportedly the first of its kind in the industry.

What exactly is this IOI (Indication of Interest)? In simple terms, it allows large traders to privately express “I want to buy/sell/borrow/lend a large amount of coins” without actually placing an order, and without revealing their intentions to the entire market. This concept is common in traditional financial markets, mainly to help institutions gauge liquidity and negotiate terms without risking a big order crashing the market.

Why do this?

What do institutions fear most when making large trades? They worry that revealing their intentions with a single order will cause the price to spike or drop. IOI can solve this problem—express your willingness privately first, have the platform match you with suitable counterparties, and execute only after agreement. The whole process won’t disturb the market or trigger sudden price shocks like “whale activity.”

This system operates via over-the-counter (OTC) and execution service platforms. The official stance is to align cryptocurrency trading more closely with traditional finance, especially as institutional players increase—no more relying on retail-style “manual order placement and luck.”

In essence, this development is a supplement to the industry’s infrastructure. Institutions prioritize efficiency, privacy, and certainty, and IOI can provide these. If the crypto market truly wants to attract more traditional capital, tools like this will inevitably need to keep pace.