In case of forced repayment of coin borrowing, it is necessary to sell collateral assets and purchase loaned assets. Opposite trade in progressIt works.
At this time, in order to reduce the impact on the market and ensure stable trading, MarketGuardmay apply.
Market Guard monitors real-time market prices and quote status to determine whether orders can be reliably executed in the current market.
MarketGuard comprehensively checks the following items:
- market liquidity: Check whether there is sufficient quota volume within ±1% of the current price.
- price volatility: Check whether the current price is changing rapidly compared to 5 seconds ago.
- Execution concentration: Check whether trading is excessively concentrated based on the ratio of the last 10 seconds of trading volume divided by the most recent 5 minutes of trading volume.
If market conditions are unstable or the order size is large compared to the market liquidity, executing the order at once may affect the price. Divide counter trade orders into several orders and execute them sequentially (TWAP)You can do it.
※ Market Guard is not a function that guarantees execution at a specific price, and the order execution price and execution time may vary depending on market conditions.
※ In case the reverse sale was carried out multiple times Select ‘Returned Assets’ or ‘Forced Repayment’ details in the coin borrowing details > Counter-selling details and transaction detailsYou can check the contract details for each round here.