2023-07-02 09:15:55

Why does the contract automatically reduce my position?

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Yunxi

· 2023-07-02 09:18

Dear user, when a forced liquidation occurs, if the position cannot be liquidated at a price higher than the forced liquidation price, and the balance of the insurance fund is not enough to bear the loss of the liquidation, the automatic deleveraging (ADL) system will Among the traders holding positions in the opposite direction, the user with the highest yield is selected to reduce the position. You can view the priority level of automatic deleveraging through the "automatic deleveraging queue" indicator, this is the instruction, you can see: https://www.gate.ac/zh/help/futures/futures_logic/22082/instructions-of- auto-deleveraging-adl

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