A quick bit of knowledge—if you already know this, consider it a refresher.
Who covers losses when a position incurs a deficit?
Simply put, auto-deleveraging (ADL) is a backstop mechanism in the liquidation system. It is generally triggered only when the insurance fund cannot cover losses from a deficit.
$BTC is at 77849.83 right now.
After a loss, don’t rush to double down to win it back—that often leads to even bigger losses.
Who covers losses when a position incurs a deficit?
Simply put, auto-deleveraging (ADL) is a backstop mechanism in the liquidation system. It is generally triggered only when the insurance fund cannot cover losses from a deficit.
$BTC is at 77849.83 right now.
After a loss, don’t rush to double down to win it back—that often leads to even bigger losses.
