BYDFi Perpetual Trading System Upgrade Completion Announcement (2024/11/27)
Dear BYDFi Users,
To enhance the trading experience on our platform, we have fully upgraded the perpetual contract trading system.
This upgrade introduces the following new features and improvements:
- Adjusted Liquidation Trigger: Liquidation will now occur based on the margin ratio, offering clearer conditions.
- Separate Liquidation Fees: Liquidation Fee will be accounted independently from trading profits and losses.
- Enhanced Fund Utilization: Unrealized profits and losses from cross margin positions can now be used to open new positions, increasing overall fund efficiency.
- Historical Position Records: A history section for positions will now display total P&L.
- Cross Margin Position Updates: Maintenance margin and position margin will now adjust in real-time based on the mark price.
Thank you for your support!
BYDFi Team
2024/11/27