Forced liquidation is triggered when your margin ratio exceeds 100%. The calculation differs depending on the collateral mode: in Single-Asset Collateral mode, it is subject to both the last price and the mark price; in Multi-Asset Collateral mode, it is based solely on the mark price.

Once liquidation is triggered, the system initiates position settlement. This process involves the system taking over the liquidated position at the takeover price, the price at which your account equity reaches zero. The takeover price will not be displayed on the K-line chart. Additionally, the takeover price is not equal to the actual forced liquidation price.

For risk management, realized profits or losses will be fully transferred into or covered by the HTX Futures Insurance Fund, which is a common practice in the industry.

How to View Detailed Liquidation Orders 1. On the HTX App:

Go to the futures trading page, find Order History, and locate the liquidation order. Tap the ⓘ icon near the liquidation time to open a detailed pop-up explanation.

2. On the Website

Go to the futures trading page, find Order History, and locate the liquidation order. Click Details under the Action tab to open a detailed pop-up explanation.

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HTX se réserve le droit, à sa seule discrétion, de modifier, changer ou annuler cette annonce à tout moment pour une raison quelconque et sans préavis. Le contenu susmentionné n’est fourni qu’à titre informatif, HTX ne donne ni parrainage ni garantie en faveur de tout actif, produit ou promotion numérique sur HTX. Les prix des actifs numériques sont fortement volatiles et le trading comporte un haut risque. Veuillez consulter notre Avertissement sur les Risques.