After a -8.28% week, exchange insurance funds added $16.6M in the 24 hours to Nov 7, a +0.24% change that leaves $6.92B across the 10 venues we track.
An insurance fund is the cash a venue sets aside to cover liquidations that close below the bankruptcy price, the point where a trader's margin runs out. These are balances the exchanges report, not audits.
OKX holds the largest fund at $2.91B and moved most on the day at +0.44%. Binance came in at -0.02% with $1.86B, Bybit at +0.26% with $1.12B. Together the funds equal 15.06% of the open perpetual bets on the coins we track.
An insurance fund is the cash a venue sets aside to cover liquidations that close below the bankruptcy price, the point where a trader's margin runs out. These are balances the exchanges report, not audits.
OKX holds the largest fund at $2.91B and moved most on the day at +0.44%. Binance came in at -0.02% with $1.86B, Bybit at +0.26% with $1.12B. Together the funds equal 15.06% of the open perpetual bets on the coins we track.
