liquidation risk
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Binance Launches XVS 1-20 Times U-Standard Perpetual Contract
On April 12th, according to official news, Binance will launch the XVS 1-20 times U-standard perpetual contract at 10:30 on April 13th.
Binance will launch XVS 1-20 times U-standar -
DeFi Traders Face High Risk in Betting on USDC Recovery
It is reported that traders who use the DeFi agreement to bet on the recovery of the USDC at the weekend will face 8-digit liquidation risk if the stable currency breaks anchor with the US dollar again this week. If the USDC discounts again by 10%, the position exceeding US $70 million may face liquidation risk Analysis based on this information:The decentralized finance (DeFi) market has been on a roll in recent years. With the rise of cryptocurrencies, DeFi has evolved as a major contender in the financial world, providing a platform for individuals to trade, make investments, and engage in other financial activities. However, with new opportunities come new risks, and DeFi traders are facing a high level of risk due to the use of the DeFi agreement, which allows them to bet on the recovery of USDC. The USDC, a stablecoin supported by the US dollar, is a popular choice for traders on DeFi platforms. However, the stable…
