How automatic deleveraging works on Crypto Perp platforms and why it can reduce winning trades
Automatic deleveraging is the emergency brake in crypto perpetuals that removes some of the winning positions when bankruptcy liquidations overwhelm a site’s market depth and remaining buffers, as Ambient Finance founder Doug Colkitt explains in a new X thread. Perpetual futures contracts – “perps” for commercial shorthand – are cash-settled contracts with no expiration that […]










