Bitget upgrades ADL (Auto-Deleveraging) mechanism, execution price to use Mark Price
According to Odaily, Bitget has completed an upgrade to the ADL (Auto-Deleveraging) transaction price mechanism. After the upgrade, when the insurance fund account triggers ADL and matches with the counterparty's position, the transaction price will adopt the current Mark Price, making the ADL execution price closer to the actual market price. Users can more accurately assess the potential impact of ADL on their positions and strategies, which facilitates risk management and strategy planning.
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