Get Insurance Fund Balance
Retrieve the current insurance fund balance and related information for risk management.Endpoint
Parameters
API key for authentication
Example Request
Response
Insurance fund information
Understanding the Insurance Fund
Purpose of Insurance Fund
Purpose of Insurance Fund
The insurance fund protects traders from losses due to:
- Bankruptcy events: When traders can’t cover their losses
- System failures: Technical issues that affect trading
- Market gaps: Extreme price movements beyond liquidation prices
- Counterparty risk: Default by other market participants
How It Works
How It Works
- Contributions: Small percentage of profitable trades
- Automatic: Deducted seamlessly from winning positions
- Transparent: Balance publicly visible for confidence
- Coverage: Covers losses that exceed trader’s margin
Fund Health Status
Fund Health Status
- Healthy: Fund balance > 80% of target level
- Warning: Fund balance 50-80% of target level
- Critical: Fund balance < 50% of target level
Contribution Mechanism
Contribution Mechanism
- Rate: Currently 0.05% (0.0005) of profitable trade value
- Automatic: Deducted from winning trades only
- Transparent: No hidden fees or charges
- Variable: Rate may adjust based on fund health
The insurance fund balance is updated in real-time and provides an additional layer of protection for all traders on the platform.
During extreme market conditions, if the insurance fund is depleted, auto-deleveraging (ADL) may be triggered to manage risk.