great job! In the new round of sharp decline, @protocol_fx played its due role, helping users reduce the risk of liquidation caused by the decline of collateral assets. When the assets fall, they sell assets to repay debts while reducing leverage, trying to postpone the price range of liquidation. Users can flexibly use this new financial tool to achieve their desired operations.
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f(x) Protocol
@protocol_fx
02-28
Over 227K traders were liquidated, totalling nearly $1B in the last 24 hours, per @coinglass_com.
Meanwhile, f(x) had 81 rebalances and 0 liquidations. 💪
If you want to use leverage, minimise your liquidation risk and stop paying funding fees by trading on f(x)👇
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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