What is the Auto-Deleveraging (ADL) mechanism, and when is it triggered?
Auto-Deleveraging (ADL):
When a trader is liquidated, the forced liquidation engine takes over the remaining position. If the insurance fund is depleted and the position cannot be closed at a price above the bankruptcy price in the market, the auto-deleveraging system will reduce the positions of traders holding opposing positions. The order of reduction is determined by leverage and profit ratio.
Auto-Deleveraging Priority System:
At any moment, your position in the queue is displayed by a priority indicator. This indicator shows in increments of 20%, indicating your position in the queue.
In cross margin mode, only the net position of long and short positions is affected by the ADL system when triggered.
In isolated margin mode, each direction’s position (long or short) is handled individually by the ADL system.
2. Why does a "quantity exceeds leverage limit" prompt appear when trading certain pairs with high leverage?
On Antarctic Exchange, some trading pairs have a maximum position limit when using high leverage. This restriction ensures controlled trading risks and prevents users from over-leveraging and taking on excessive risk.
3. Why is the token I want to trade not listed?
To ensure the safety of user funds and maximize the efficiency of LP funds, Antarctic Exchange strictly selects high-quality tokens with sufficient liquidity and resistance to manipulation. A stable and orderly token listing process is followed.
If you want us to consider listing a specific token, you can submit your request to our customer support team, who will record and prioritize your suggestion.