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

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