Bitget upgrades the ADL (Auto-Deleveraging) mechanism, with the execution price now using the Mark Price

Odaily Planet Daily News Bitget has completed the upgrade of the ADL (Auto-Deleveraging) execution price mechanism. After the upgrade, when the insurance fund account triggers ADL and matches with the counterparty's position, the execution price will use the prevailing Mark Price, making the ADL execution price closer to the actual market price. Users can more accurately assess the potential impact of ADL on their positions and strategies, facilitating risk management and strategic planning.