Coin-margined contracts use cryptocurrencies as the settlement currency, instead of stablecoins as collateral. Each contract has a multiplier that reflects its value. For example, a BTC contract is worth $100

The Differences Between Perpetual and Traditional Futures Contracts: Traditional futures contracts usually have fixed expiration dates and require settlement upon expiration, which is usually based on the spot price of

Auto-Deleveraging (ADL) is a risk management mechanism used by some cryptocurrency derivatives exchanges, including BitMEX, to prevent liquidation events in highly volatile markets. When traders on the platform open positions