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TheBullMarketDoesNot

2025-08-22 09:00:53

#FTT Did the contract automatically close??

FTT1.01%

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SmallBerry

· 2025-08-22 09:02

Hello, the platform has an automatic reduce position mechanism. Automatic reduce position means that if a user is liquidated and experiences a margin call, and the insurance fund is insufficient to cover the losses, the system will trigger an automatic reduce position. It will select the user with the highest yield among traders holding opposite positions to reduce their position to offset the orders of the liquidated user. You can check the explanation about automatic reduce position at this link, and you can also contact the online customer service to provide relevant screenshot information, which will help verify your inquiry: https://www.gate.com/zh/help/futures/futures-logic/22082

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