2023-08-17 23:11:26

Why automatic deleveraging?

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

3 Likes

Reward
3
2
Repost
Share

Comment

Add a comment

XiaoYi

· 2023-08-17 23:37

Hello, when a forced liquidation occurs, if the position cannot be liquidated at a price higher than the forced liquidation price, and the balance of the insurance fund is not enough to bear the loss of the liquidation, the automatic deleveraging (ADL) system will Among the traders with directional positions, the user with the highest yield is selected to reduce the position. This is for you to take a look. https://www.gate.io/en/help/futures/futures_logic/22082/instructions-of-auto-deleveraging-adl

View OriginalReply0

Self-disciplinedGod

· 2023-08-17 23:12

There is no opponent, all the orders are blown up [showing teeth]

View OriginalReply0