Core Docs
  • ๐Ÿ”ฎHome
  • nftperp
    • ๐Ÿ’จQuick Start
      • Prerequisities
      • First Trade
      • AMM Liquidity Provisioning
      • Order Types
    • ๐ŸŒŒWhat is nftperp?
      • Tokenomics
      • Mafia Nuts Collection
      • Contracts
    • ๐Ÿ’ฐProtocol Incentives
      • Maker Incentives
      • Referral Incentives
      • AMM Incentives
    • โ›“๏ธChain Incentives
      • ๐Ÿช™Blast Incentives
        • ๐Ÿฅ‡Blast Gold
        • ๐Ÿ’ฏBlast Points
    • ๐ŸงชProtocol Design
      • Matching Engine
      • Decentralized Limit Orderbook (DLOB)
      • AMM
        • Logic
        • Guide
      • Oracle
      • Insurance Fund
      • Funding Payments
      • Liquidations
      • Trigger Orders
      • Launchpad
      • Ordinals
      • Auto Deleveraging (ADL)
    • ๐Ÿ‘จโ€๐Ÿ’ปDevelopers
      • Getting Started
        • Liquidators
        • Trigger Keepers
        • Market Making
      • API
      • SDK
      • Data
    • ๐Ÿซ‚Community, Feedback & Support
      • FAQ
      • Feedback & Bug reports
      • Brand Assets
    • ๐Ÿ“œGlossary
    • ๐Ÿ”Audits
Powered by GitBook
On this page
  1. nftperp
  2. ๐ŸงชProtocol Design

Auto Deleveraging (ADL)

Auto Deleveraging is the last line of defense in an emergency scenario. If the insurance fund has drawn down by more than 30% over the last 8 hours and if the price impact of market closing the liquidation is higher than 6.25%, all open positions are sorted by leverage, and liquidatable positions are force matched against the account, starting with the highest PnL positions first.

PreviousOrdinalsNextDevelopers

Last updated 1 year ago