关于大家憎恨的「ADL」，可以读读这篇，系统的解释了这种看上去不公平且断人钱财的手段为什么在永续合约市场的风控体系中必须存在。
「这是万不得已时的最后手段，这种情况较为罕见，因为它意味着强制平仓而非正常结算。

1/ Since a lot of people are waking up to see their perps positions closed and wondering what the hell “Auto-Deleveraging” means, here’s a quick and dirty primer.
What is ADL? How does it work? And why does it exist?

Doug Colkitt

Twitter

Regarding the much-hated "ADL," read this article, which systematically explains why this seemingly unfair and financially detrimental practice is essential to the risk management system of the perpetual swaps market.

"This is a last resort, a relatively rare situation, as it involves forced liquidation rather than normal settlement."

XRP price is quietly falling into a rather uncomfortable zone. The price has dropped approximately 9% in the last 30 days, the upward momentum seems to have stalled, and the positive discussions about the Token on social media have also become less enthusiastic...

Sentiment around XRP has collapsed — and this could be the opportunity the buyers have been waiting for.

Written by: David, TechFlow TechFlow You might not listen to podcasts, but you've definitely seen this image. In 2018, the image of Elon Musk holding a cigarette, surrounded by smoke, went viral, becoming one of his most iconic moments. However, few people know where this scene took place, and few care about the person on the other side...

This American earns $250 million a year through podcasts, and Luo Yonghao is learning from him.

Original Odaily(@OdailyChina)
Author/ Wenser (@wenser2010)
As a "barometer" of the cryptocurrency market, Strategy&'s stock price has always been a major driver of market sentiment, with its performance closely linked to key factors such as cash flow stability and index position. Recent news indicates that from December 15th to 21st, Strategy& raised $748 million through the sale of common stock, increasing its cash reserves to $2.19 billion, and has suspended Bitcoin purchases; currently, the company holds...