Why did YGG automatically close my position?

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GateUser-07c4af56

· 2023-08-07 17:06

Can we w right together [tears]

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· 2023-08-07 15:50

Can you sign up for a group, me too

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Yunxi

· 2023-08-07 15:29

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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GateUser-76e83238

· 2023-08-07 15:29

See how much difference between your closing price and the current market price

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