Fellow Binancians,
On 2020/05/10, over 13 million USDT of the Binance Futures Insurance Fund was used to protect users from further ADLs (auto-deleveraging).
To both support, and continue to protect our users, Binance has injected a further 30,000,000 USDT into the Binance Futuresâ Insurance Fund, in addition to the 7,500,000 USDT previously injected on 2020/04/30.
To view the historical change of insurance funds, please refer to the Insurance Fund History.
The balance of the Insurance Fund is updated daily at 0:00 AM (UTC).
Learn more about insurance funds here.
Risk warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your futures wallet may be liquidated.
Thanks for your support!
Binance Team
2020/05/11
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