Admin

Product OverviewDerivatives Block Trading is offered by the platform to users with trading needs involving multiple contracts and large sums of money, who wish to avoid market slippage. Currently, ...

Introduction to Options Contracts Options grant the buyer the right, but not the obligation, to exercise their rights at a future date.After purchasing an option, if exercising the right on the exp...

1. Perpetual Contract Funding FeeSince perpetual contracts have no expiration and delivery date, a funding fee mechanism is required to anchor the contract price to the spot price.1.1 Core FormulaF...

1. What is Spot Index Price?The Spot Index Price is designed to measure the price of the underlying digital asset. PX’s USDT-margined contracts are priced based on the USDT Index Price.To ensure th...

Overview of the Insurance Fund AccountTo ensure the safety and effectiveness of the Insurance Fund Account, the platform divides contracts into different Insurance Fund Pools based on their risk ch...

Auto-Deleveraging (ADL) Description Auto-Deleveraging (ADL) is a counterparty forced liquidation mechanism implemented to control the overall risk of the platform when extreme market conditions or ...

Saving OverviewSaving is an innovative financial management tool that integrates automated wealth management, intelligent scheduling, and deep integration with trading scenarios.Once manually enabl...

Automatic Borrowing Overview   The platform supports automatic borrowing for currencies that allow lending when users place orders or initiate transfers. When the cumulative sell quantity (includin...

The Automatic Coin Exchange Mechanism refers to a system function that automatically helps borrowing users repay debts when a user’s borrowing exceeds their personal limit or the platform’s fund po...

 Unified Account Introduction The Unified Trading Account is a trading system I’ve introduced for a wide range of users. It supports trading multiple currency assets, including spot and various der...