Change of minimum threshold for Incremental Liquidation
We are pleased to announce that the minimum threshold for Incremental Liquidation on the BTC/USD and ETH/USD contracts has been reduced from 10,000 USD to 5,000 USD.
Liquidated positions that are between 5,000 USD and 10,000 USD in size will now automatically qualify for Mushino's Incremental Liquidation Process. Liquidated positions that are above 10,000 USD in size will remain qualified, as they have always been.
Change of Minimum Liquidation Quantity during Incremental Liquidation
The Minimum Liquidation Quantity during Incremental Liquidation has also been reduced from 10,000 USD to 5,000 USD. Incrementally liquidated positions will now be liquidated in steps of
Max(5000 USD,10% of position size)
Before this change, such positions were liquidated in steps of:
Max(10000 USD,10% of position size)
The Minimum Maintenance Margin and Minimum Initial margin Requirements remain the same.
You can read more about Mushino's Incremental Liquidation process in Mushino's References.
Full overview of the current risk parameters for the BTC/USD contract
Full overview of the current risk parameters for the ETH/USD contract