2025-02-24 08:50:20

#BAN

Auto liquidation for me is still okay......

BAN0.82%

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AntWarehouseAnti-point

· 02-24 09:51

When I was banned from opening a long position, why didn't it automatically help me reduce position during that extreme crash?

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AnLeone

· 02-24 08:51

Hello, automatic reduce position(Auto-Deleveraging), referred to as ADL, refers to a mechanism of forced Close Position of the counterparty when extreme market conditions or force majeure factors lead to insufficient insurance funds in order to control the overall risk of the platform. This is an explanation for your reference. https://www.gate.io/zh/help/futures/futures-logic/22082

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