Saving Overview

Saving is an innovative financial management tool that integrates automated wealth management, intelligent scheduling, and deep integration with trading scenarios.
Once manually enabled by the user, the system automatically converts all idle funds in the trading account into Saving, achieving continuous capital appreciation. Subscriptions and redemptions are automatically processed based on the user's trading behavior, with interest paid out hourly, providing a brand new user experience of "no idle funds, no interruption in income."
Saving can be used as margin for trading accounts, with a discount rate consistent with spot trading. Redemptions are affected by the liquidity of the fund pool, but subscriptions and redemptions of Saving have no impact on the account's initial and maintenance margin ratios, eliminating the need to worry about fund pool liquidity impacting overall account risk management.

Saving Advantages

Automatic Wealth Management, Flexible Redemption

• Users transfer assets to the trading account and enable “Saving,” and the system will periodically and automatically subscribe to it, enabling wealth management for idle funds.
• When users initiate trades or withdraw funds, the system instantly and automatically redeems the required Saving shares, eliminating the need for manual redemption.
• Achieves the concept of “invest when you have money, use when you need it,” maximizing the efficiency of user assets.

Seamless Use in Spot Trading

• When buying or selling coins, the system prioritizes using the cash in the account. If insufficient, the system automatically redeems Saving shares to complete the trade.
• Users do not need to manually redeem Saving shares, providing a user experience indistinguishable from using cash.

Smart Borrowing Strategy for Leveraged Trading

• Borrowing is triggered only after both the cash and Saving shares of the same currency are exhausted, avoiding the inefficient capital structure of “borrowing with one hand while investing with the other.”

Optimizations for Contract Margin Logic

• Saving can be used as margin in the trading account, with the same discount rate as spot assets.
• To prevent the contradiction of “earning interest on one side while paying interest on the other” when users participate in wealth management while in a negative Unrealized Profit/Loss (UPL) state, the system automatically deducts the equivalent portion of negative UPL when calculating borrowing liabilities, ensuring reasonable interest calculations.
• To reduce the risk of failed Saving redemption due to insufficient liquidity in the borrowing pool during liquidation in a negative UPL state, the system will pre-redeem the corresponding Saving shares to the trading account hourly based on the user’s negative UPL amount, ensuring the timeliness and safety of funds for liquidation delivery.

Subscription Rules

• To subscribe, users must manually enable the Saving feature, which will be scheduled every hour.
• Subscriptions are only available if the user's account maintains a margin ratio below 80%.
• Unrealized profits from contracts cannot be used for subscriptions, and unrealized losses will be reduced by a corresponding amount.
• The minimum investment amount is linked to the coin price:

[The above data and indicators may be adjusted in real time according to market conditions]

• Each currency's fund pool is managed separately, and the upper limit for a single user to purchase a single currency is 10% of the currency's fund pool.

Redemption Rules

Automatic Redemption Trigger

• When users initiate fund withdrawals, spot/leverage/contract trading, the system automatically redeems the required Saving shares based on the scenario.
• If the account's cash balance is sufficient, redemption will not be triggered.

Redemption Speed and Liquidity Assurance

• The system ensures instant redemption in most scenarios through intelligent scheduling and liquidity management mechanisms, providing a seamless trading experience.
• Under normal circumstances, redemption is completed instantly, and funds are immediately available.

Redemption Restrictions and Delay Mechanism

• In extreme market conditions (e.g., tight borrowing pool funds or concentrated large-scale user redemptions), redemption delays may occur.
• The system prioritizes redemption requests for trading and liquidation funds.
• Non-urgent redemption portions may be delayed to subsequent batches.

Risk Mitigation Mechanism

• The system periodically monitors the liquidity of the borrowing pool and uses a pre-redemption mechanism to redeem a portion of shares to the trading account in advance, ensuring users in a negative Unrealized Profit/Loss (UPL) state can complete liquidation and delivery in a timely manner.

Interest calculation rules

• Floating Interest Rate Mechanism Saving is a floating-yield product, and its Annualized Percentage Yield (APY) fluctuates based on market supply and demand dynamics, primarily influenced by the borrowing pool's funding status and borrowing demand.
• Interest-Earning Principal Calculation Rule The interest-earning principal is calculated based on the "average holding shares of the account in the previous hour," which serves as the basis for interest accrual and distribution.
• Profit Settlement Mechanism Interest is settled hourly. Each hour, the system calculates the payable interest based on the current annualized interest rate and distributes it to the user’s trading account, generating compound interest returns.
• Interest Rate Display and Inquiry Historical profits and interest rate details can be viewed on the Personal Center > Saving History > Profits page, helping you track daily profit changes.

Core Concepts

To help you better understand Saving, the core fields related to Saving are summarized as follows:

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