Why are liquidations based on the mark price?
The mark price is generally calculated using weighted prices from multiple spot platforms, along with data such as funding rates and basis.
The latest price isn’t used to calculate liquidations to avoid unfair liquidations caused by short-term price anomalies in a market.
A quick look: $BTC Current price 76080.18, 24h -0.071%.
#BTC
The mark price is generally calculated using weighted prices from multiple spot platforms, along with data such as funding rates and basis.
The latest price isn’t used to calculate liquidations to avoid unfair liquidations caused by short-term price anomalies in a market.
A quick look: $BTC Current price 76080.18, 24h -0.071%.
#BTC