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· 2024-05-08 11:12
Hello, if the mark price breaks through the liquidation price, the liquidation will be triggered; Cancel active orders, including unfilled Maker orders, strategy Maker orders, etc.; Order at bankruptcy price: If the market price is better than the bankruptcy price, the order will be placed at the market price first, and the remaining margin will be added to the insurance fund, and the process will be completed. If the market price is worse than the bankruptcy price, the following two situations may occur: If the mark price breaks through the bankruptcy price, the insurance fund and the automatic reduce position If the mark price does not break through the bankruptcy price, the Position is locked until the Liquidation order is filled.
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