of liquidated futures/swaps positions, with no effect on the market liquidity, OKX develops the following methodology1.Glossary a.Forced-liquidation Price: When the mark price reaches the forced-liquidation price and a user’s margin is lower than the required level, force-liquidation will be triggered. b.Bankruptcy Price: The price at which a user loses all margin c.Entrusted Price of Liquidated Position: The price at which a liquidated position is put into the market by our forced-liquidation engine

By using the world’s most advanced real-time 3D Creation Engine, Bloktopia will create stunning visualizations and user experiences. Asset name: Bloktopia Ticker: BLOK Total Supply: 200,000,000,000 (Data from Nov. 19, source: Coingecko) Risk warning: Trading digital assets involves significant risk and may result in the loss of your invested capital.

QnA3 is an AI-powered Web3 knowledge engine and intent centric trading platform. As the largest applications in the AI+Crypto domain, QnA3 offers comprehensive services to a vast number of Web3 users, featuring crypto ChatGPT, intent-centric trading, and DePIN Innovation. Asset name: QnA3.AI Ticker: GPT Total supply: 1,000,000,000 Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational and educational purposes only.

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The Security Fund is self-sustaining and is funded primarily by collecting profits generated during the liquidation process.When a leveraged position is liquidated: The liquidation engine takes over the position. If the position is closed out at a price better than the bankruptcy price, a surplus is generated. This excess margin or surplus profit is contributed directly to the Security Fund to grow the reserve.

Introduction About GPT QnA3 is an AI-powered Web3 knowledge engine and intent centric trading platform. As the largest applications in the AI+Crypto domain, QnA3 offers comprehensive services to a vast number of Web3 users, featuring crypto ChatGPT, intent-centric trading, and DePIN Innovation.

The system will cancel all the orders in the position before partially or fully transferring the isolated margin position to the liquidation engine.

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