Futures Trading - Help Center

More

Cancel

KYC

Account

Crypto Deposit & Withdrawals

Futures Trading

Spot

Fiat

Events

MEXC Earn

Referral

App/Web

Notifications

Fraud Prevention

Legal/Compliance

Risk Control

Other Services

Getting Started

Account and Funds

Liquidation and Risk Control

Technical Indicators

<div data-page-id="Fw5rdbnwQoBSe0xHvs1udT3Dslc" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-doxuszSFbTFIg1E0FF33KDsNQSb"><span style="font-size: 16px;">In cryptocurrency futures trading, some users may encounter situations where an order is automatically canceled after being placed. In most cases, this is related to Time in Force (TIF) settings. This guide provides a comprehensive explanation of Time in Force in Futures trading, helping you understand how different TIF options work and how to use them effectively to improve execution efficiency.</span></div><div class="ace-line ace-line old-record-id-doxusfA85bHjp9eauq9GgTW1L1c"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GkCtd6KngoGKjnxb68yuSMJQsUD"><strong>1. What Is Time in Force (TIF) in Futures Trading?</strong></h2><div class="ace-line ace-line old-record-id-doxusVvNqOTXvQPa9sJH7Qs1BEZ"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VzspdetIdowxR4xRmogupjceswf"><span style="font-size: 16px;">Time in Force (TIF) defines the period during which an order remains active before it is executed or automatically canceled. Simply put, it determines how long your order can remain "active" in the order book.</span></div><div class="ace-line ace-line old-record-id-doxusxD8ZzLeOZClvfe8k0J3jSe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusYvksp2dxtI2EUnehSrSY5g"><span style="font-size: 16px;">Understanding TIF is essential because choosing the right setting can significantly improve order execution, help you avoid missing ideal entry opportunities, and better manage risk exposure by preventing orders from being triggered unexpectedly during periods of high market volatility.</span></div><div class="ace-line ace-line old-record-id-SgZidL6QpogJMlxvS9Uu9ikUst7"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XPCSdJWlzoTvx0x5U0dutw50sqh"><span style="font-size: 16px;">On the MEXC Futures trading platform, there are six order types available: limit, market, chase limit, trigger, trailing stop, and post only orders. Among these, limit orders, market orders, and trigger orders support Time in Force settings.</span></div><div class="ace-line ace-line old-record-id-doxusrQboENRMOsVa81J129OJKg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxus9mFwz9e2WB8pYsqJFVimsf"><span style="font-size: 16px;">*BTN-<strong>Trade Futures</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">https://www.mexc.com/futures/BTC_USDT</a>*</span></div><div class="ace-line ace-line old-record-id-doxus4ATHGHuNbxDFK5HjNoAIYc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-YeAtdoTKioFwHoxtNZEuxIyYsdb"><strong>2. Time in Force Options by Order Type</strong></h2><div class="ace-line ace-line old-record-id-doxusNfwpYo9Nh1Ky75MEcrvSTf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YRuAd9rTpoCrB7x3uFkusCpusee"><span style="font-size: 16px;">2.1 Time in Force for Limit Orders</span></h3><div class="ace-line ace-line old-record-id-doxusrG6nqvoQpWZvbT1tB8Atbd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ve1ZdT0nCorbirxCFRvu5uQXsUg"><span style="font-size: 16px;">Limit orders are the most commonly used order type in Futures trading. MEXC offers three Time in Force options for limit orders:</span></div><div class="ace-line ace-line old-record-id-Wl5SdPbFEo0mIoxQzyruMAMusvg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LGAkdW61SoYyiJx6w1JuCxTCs2e"><span style="font-size: 16px;"><strong>GTC (Good-</strong><strong>Till-</strong><strong>Canceled)</strong></span></div><div class="ace-line ace-line old-record-id-doxusPuRJZeEAdTM59GvVvRLdtg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ybt5dLWNsoMdrMxRkbTuhSHusDg"><span style="font-size: 16px;">A GTC order remains active until it is fully filled or manually canceled by the user. The system will not cancel the order due to time constraints. This option is suitable for traders who are not in a rush to enter a position and are willing to wait for their target price. It is commonly used in swing trading strategies or passive order placement.</span></div><div class="ace-line ace-line old-record-id-doxuskkOz226Lof23lQOBcbF1ic"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LQ12dA8CEoP2vnx25rcublSDsEc"><span style="font-size: 16px;">Example: If the current BTC price is 100,000 USDT and you believe 90,000 USDT is an ideal entry price, you can place a GTC limit buy order at 90,000 USDT. Even if the price does not reach this level immediately, the order will remain active until it is filled or canceled.</span></div><div class="ace-line ace-line old-record-id-doxusd5BRMOj7O6Ms0uBAVsYHhg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H1GKdx9u5oatLnx80MbuadYrszb"><strong style="font-size: 16px;">IOC (Immediate-Or-Cancel)</strong></div><div class="ace-line ace-line old-record-id-doxusbcI3hP8AsNjYGzDoJeWA2d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BeAydV1i9o62hgxloyduGkwisDg"><span style="font-size: 16px;">An IOC order requires the system to attempt immediate execution at the specified price. Any portion that can be filled immediately will be executed, while the unfilled portion will be automatically canceled.</span></div><div class="ace-line ace-line old-record-id-doxusYrvSxDZm0kbwJj313z6J3c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YKnSd7fLmoo9RlxXGBMuYKNnsCb"><span style="font-size: 16px;">Example: You place an order to buy 10 cont. Of BTCUSD at $91,000, but only 6 cont. are available at that price. With IOC, the system will immediately fill the 6 cont. and cancel the remaining 4 cont. This option is suitable for high-frequency trading or large orders where partial immediate execution is acceptable.</span></div><div class="ace-line ace-line old-record-id-doxush9e10DTp5BzRFIKbU6T0zc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DsY8d2QqLoEIWex1ZoMu0CDFs2f"><strong style="font-size: 16px;">FOK (Fill-Or-Kill)</strong></div><div class="ace-line ace-line old-record-id-doxus9YaMMEq7CneCbgWwk4nFme"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JlT6dufTQoHg9jxVDtiuFJGfsmc"><span style="font-size: 16px;">An FOK order must be filled in its entirety immediately. If the market does not have sufficient depth to fill the full order at once, the entire order will be canceled without any execution.</span></div><div class="ace-line ace-line old-record-id-doxusAQz0FnqqSLCj283DWuJJiS"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vtm1dnsgUoMrQbxPO16uti41sUb"><span style="font-size: 16px;">Example: You attempt to buy 10 cont. of BTCUSD Futures at $91,000, but only 8 cont. are available. Since the full quantity cannot be filled, the system will cancel the entire order. This option is ideal for large trades, arbitrage, or hedging strategies where execution certainty and price consistency are critical.</span></div><div class="ace-line ace-line old-record-id-doxus1pO2GefQjMTIRqTk5NInyh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-E1xldjLWhojRLZxXcFYuWGX7sZb"><span style="font-size: 16px;">2.2 Time in Force for Market Orders</span></h3><div class="ace-line ace-line old-record-id-doxusSwOurXMfgkkD3oFN6wmk1g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CWiZdTdoPoMxStxmBUpuL0R1syb"><span style="font-size: 16px;">Market orders prioritize fast execution but may be subject to slippage during volatile market conditions. To balance execution speed and price control, MEXC provides Market-to-Limit (MTL) orders.</span></div><div class="ace-line ace-line old-record-id-doxusfneCEvO0NehwGLhx92sq6g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Zqgad7I8xozlQ1xsbqjuIcAGs8g"><span style="font-size: 16px;">An MTL order is first submitted as a market order and executes immediately at the best available price. If the order is only partially filled, the remaining portion is automatically converted into a limit order at the average execution price and placed in the order book.</span></div><div class="ace-line ace-line old-record-id-doxus9no5PuH79W7BfeNog9bPec"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FzMidsVgeoexj3x5NfsutKnksMh"><span style="font-size: 16px;">Example: If the BTC market price is $91,000 and you place an MTL order for 10 cont. of BTCUSD, the system may immediately fill 7 cont. at market price. The remaining 3 cont. will then be placed as a limit order at $91,000, waiting for further execution. This mechanism helps reduce the risk of the entire order being executed at unfavorable prices during sharp market movements.</span></div><div class="ace-line ace-line old-record-id-doxusNvRHHSGIgtyfH1e4wUQmNc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-HxiEd2MLgo4GxJxvM1BuZFXNsXA"><span style="font-size: 16px;">2.3 Time in Force for Trigger Orders</span></h3><div class="ace-line ace-line old-record-id-doxusEhAMatpNEGTYKpeMPnxtWe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WBdkdYFxCoY7TQxW0J4u4fuFsYf"><span style="font-size: 16px;">Trigger orders are conditional orders that are submitted only when a predefined price condition is met. MEXC offers three validity time options for trigger orders:</span></div><div class="ace-line ace-line old-record-id-doxusPAv0V35EgsZUnoCmEPVKRc"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-GK8ldy9mDo5CHvxbykEuIi93shh" data-list="bullet"><div><span style="font-size: 16px;">24-hour: Suitable for short-term traders tracking intraday price movements and breakout opportunities.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-FSqrdtoIcow5KzxucF1uF93jszc" data-list="bullet"><div><span style="font-size: 16px;">7-day: Ideal for swing trading or event-driven strategies, such as positioning ahead of major economic announcements.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-GZJ5dWXMxoFOA7x4D7Zup5XxsZc" data-list="bullet"><div><span style="font-size: 16px;">Long-term: Designed for trend-following strategies or gradual position building. Orders remain valid until triggered or manually canceled.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxustk60jUThqK2vobELwmvBgg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YI4tdciNxokNZSx4mBpuOCi4sxb"><span style="font-size: 16px;">Note that trigger orders are submitted as market or limit orders only after the trigger condition is met. Setting an appropriate validity period helps prevent forgotten orders from being triggered unexpectedly.</span></div><div class="ace-line ace-line old-record-id-doxus3A48PfwO7gyPo40WTnyQAf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-R8Nod4ZABoLzIcx4Lv7udDKNsr6"><span style="font-size: 16px;">2.4 How to Set Time in Force</span></h3><div class="ace-line ace-line old-record-id-doxusKpNEDEKt1qBrLaBX0D67Tg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LAr4d4g8YoTCCSxSweduv92Gsde"><span style="font-size: 16px;">On the MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures trading</a> page, select your desired order type (Limit, Market, or Trigger) in the order placement panel. The Time in Force options can be found above the <strong>Open Long</strong> and <strong>Open Short</strong> buttons, where you can choose the setting that best fits your trading strategy.</span></div><div class="ace-line ace-line old-record-id-doxuslxClI8KK5fcLPjhOIbtzwe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"e6768e5d-73c1-49a3-8df5-250cde5853d0","height":1460,"width":2932,"currHeight":1460,"currWidth":2932,"natrualHeight":1460,"natrualWidth":2932,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FYLZybcn3ooGT4JxGXaduhYMXs0b%2F%3Fpreview_type%3D16","file_token":"YLZybcn3ooGT4JxGXaduhYMXs0b","image_type":"image/png","size":669199,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusxUW7VlcINNEeg4G1bCD1Cg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216124744005SRlenzboi8Mc8f.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJZTFp5YmNuM29vR1Q0SnhHWGFkdWhZTVhzMGIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXN4VVc3VmxjSU5ORWVnNEcxYkNEMUNnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9ZTFp5YmNuM29vR1Q0SnhHWGFkdWhZTVhzMGIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/YLZybcn3ooGT4JxGXaduhYMXs0b/?mount_node_token=doxusxUW7VlcINNEeg4G1bCD1Cg&mount_point=docx_image" data-width="2932" data-height="1460" data-lark-image-uri="drivetoken://YLZybcn3ooGT4JxGXaduhYMXs0b" data-lark-image-width="2932" data-lark-image-height="1460" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusFuYyEhDaLGsfjFjeA1yuLo"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-DCZodS7GDot9rsxECQQustAUsbh"><strong>3. Why Time in Force Matters</strong></h2><div class="ace-line ace-line old-record-id-doxusKPZ3wlAv4fXyy7vJcOuHld"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FO1JdUyNeoZg1wxmqybuuB2lsZd"><span style="font-size: 16px;">Setting Time in Force correctly is critical for Futures traders for several reasons:</span></div><div class="ace-line ace-line old-record-id-OQnjdrHNPowkfRxpdwoualIbsFh"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-VD1wd2nBmotnqPxs4UdulCnus6d" data-list="bullet"><div><span style="font-size: 16px;"><strong>Improved execution efficiency</strong>: Ensures your order remains active within your intended time window, reducing missed opportunities.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Y2e7dezUsoVqLBxSTEzu6d16sFb" data-list="bullet"><div><span style="font-size: 16px;"><strong>Avoid forgotten orders</strong>: Shorter validity periods such as 24 hours or 7 days help prevent outdated orders from being filled after market reversals.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IqA7dN2Eeo17m8x4s55uAGQXsmd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Precise strategy execution</strong>: Options like GTC, IOC, and FOK support different risk management needs, whether you prioritize immediacy or full execution.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-HiqjdNEV3ooPVrx59PvutTaFsTd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Better risk control</strong>: Prevents orders from remaining in the market too long, reducing the risk of unintended fills during extreme volatility.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusbfmUVJky8x7QI5jOIp4JKd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KxQudpu0togEWaxL088uwIxcsMb"><span style="font-size: 16px;">Suggested configurations by trading style:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-NbcPdyJC4obqOlxVYWCuWhPBspc" data-list="bullet"><div><span style="font-size: 16px;">Day traders: IOC or 24-hour trigger orders</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-BDRKdZK2RoTOMTxtJU4urmXZs3e" data-list="bullet"><div><span style="font-size: 16px;">Swing traders: GTC or 7-day trigger orders</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ZMZsdmUpCoJFLzx4K89uXSKSs7c" data-list="bullet"><div><span style="font-size: 16px;">Market-making and arbitrage: FOK combined with post only orders</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-PLFQd0kG5oIlEoxIlF8uhW8QsHd" data-list="bullet"><div><span style="font-size: 16px;">Trend followers: Long-term trigger orders or trailing stop strategies</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusLeG1tUm2HyVPsRSIaFwEDe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-W0vCdDkHkovFWZx77vcuPxzqsYd"><strong>4. Time in Force FAQ</strong></h2><div class="ace-line ace-line old-record-id-doxusfFeB0NovyR4sqKv70mDhle"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-T3HTdPWW7osCTyxm0UxuzYA9sY3"><span style="font-size: 16px;">4.1 What does GTC mean?</span></h3><div class="ace-line ace-line old-record-id-doxusqA3zX2z6eO1OahCwISDfed"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Hd9jdTfUZoP8qsxwOpzu81Wqskd"><span style="font-size: 16px;">GTC (Good-Till-Canceled) means the order remains active until it is fully filled or manually canceled. It will not be automatically canceled due to time expiration.</span></div><div class="ace-line ace-line old-record-id-RFNCd17bXoRAjZxCzXCuINmksOf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-MoAZdOeuFoJ6btxulZ4ubTJis3c"><span style="font-size: 16px;">4.2 What is the difference between IOC and FOK?</span></h3><div class="ace-line ace-line old-record-id-doxus4VWGQBGo9vXImRxAT49XEf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DXIadUgNQoR77vxOggBuY5nIsIh"><span style="font-size: 16px;">IOC allows partial execution, with any unfilled portion canceled immediately. FOK requires the entire order to be filled at once; otherwise, the entire order is canceled.</span></div><div class="ace-line ace-line old-record-id-doxusz5Q5v7wXXBL9qMZKoMpvqc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KMujdCrdGoKkIhx0Pl1uyL2rsfh"><span style="font-size: 16px;">4.3 Why was my Futures order automatically canceled?</span></h3><div class="ace-line ace-line old-record-id-doxusmO3tdfq1bDsPUE6gCpD7Yc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FMVYd7FC4oY2nPxYqI7uJ6V6sIb"><span style="font-size: 16px;">The most common reason is an unsuitable Time in Force setting. If you use IOC or FOK and the market depth cannot meet the execution conditions, the order will be canceled. Trigger orders may also be canceled if their validity period expires.</span></div><div class="ace-line ace-line old-record-id-doxusSJn7mgs3uhBNpw06Z7UESC"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-PmQ0dDvWHoVTCAxj51Hurhddsxg"><span style="font-size: 16px;">4.4 When should I use an MTL order?</span></h3><div class="ace-line ace-line old-record-id-doxusCkdJaMUoA17ne7dhe22wnf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SkWRdpuifoVb4rxCnsmuYH72s3e"><span style="font-size: 16px;">MTL is ideal when you want fast execution but also want to limit slippage during volatile conditions. It combines the speed of market orders with the price protection of limit orders.</span></div><div class="ace-line ace-line old-record-id-doxusgahWlwX86GOoJjLxvoS7Oh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Q5ymd57eCoc0Lixn8g6uVNIUsHg"><span style="font-size: 16px;">4.5 Do trailing stop orders and post only orders support Time in Force?</span></h3><div class="ace-line ace-line old-record-id-doxusISkLweT8TZmgtdNe7vJ9Kb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TWqMdO5hxoz5PoxeK4ZuPhjpscd"><span style="font-size: 16px;">No. Trailing stop orders and post only orders do not support Time in Force settings on MEXC. However, they remain important tools: trailing stops are used for dynamic profit-taking and risk management, while post only orders ensure liquidity provision and potential maker fee benefits.</span></div><div class="ace-line ace-line old-record-id-XRthdK6w1o2bMQxRoTeuVlkKsXg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-HIGSdmnenoIOivx6dg8uNgoKsT8"><span style="font-size: 16px;">Recommended Reading:</span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-ZLS7dKoBDoKl2KxJXyBuFlH8sWb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-app-navigation-305429821797449728">MEXC App Navigation: Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-SLM1dxM4fokv8wxeDJSulfkrsBc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664">How to Trade Futures on the MEXC App</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-SWFjd3jMxo1REBxcUQsuIFgXsmc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144">How to Trade Futures on MEXC Web</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-GdvMdMKdNoADAXxzkM8uBZS0s5d" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448">Futures Trading FAQ: A Complete Beginner's Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-VvA9dCjTqoREStx4SHSuSTZusdb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-JqQ7dTqH4oxIzBxAZmmuOgegsZd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-index-price-fair-price-and-last-price-7950960183961">Index Price, Fair Price, and Last Price Explained</a></span></div></li></ul><div class="ace-line ace-line old-record-id-WWJLddyFWoGhs8x4mADu3SCqsNh"><span style="font-size: 16px;"><br></span></div></div>

<div data-page-id="LlTZd7ucFoA6LYxY2isue9yfsxg" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-doxusJBAlan4hU53uGGnWUKbSGL"><span style="font-size: 16px;">With its flexible trading mechanisms and efficient use of capital, crypto futures trading has attracted a growing number of traders. However, Futures trading involves relatively complex concepts and operating procedures, which can make it difficult for beginners to get started quickly. This Futures Trading FAQ answers the most common questions to help you fully understand the core concepts behind Futures trading and start your trading journey with confidence.</span></div><div class="ace-line ace-line old-record-id-doxusS1lUZeWqCloh6q0lUg1ryc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZJMIdmQgLoTe20xnG4guMorMswh"><strong>1. What Is Crypto Futures Trading?</strong></h2><div class="ace-line ace-line old-record-id-JcWcd7RFIoANtcxrJqsuHrtVs5d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JhajdqbZ1oBqoTxBxUFusiIdsof"><span style="font-size: 16px;">Futures trading is a form of derivatives trading based on price movements of crypto assets. Unlike Spot trading, users do not need to hold the cryptocurrencies themselves. Instead, they can buy or sell Futures to speculate on market movements, allowing for opportunities to profit whether prices rise or fall. Futures trading is suitable for the following types of users:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-IU8AdKtyhoS5nuxfPqtuXeoNsId" data-list="bullet"><div><span style="font-size: 16px;">Users with market analysis skills who want to profit from short-term price fluctuations.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-CO74dSfB6oCJ5ZxbZdDuTjsxsl5" data-list="bullet"><div><span style="font-size: 16px;">Traders who want to improve capital efficiency through leverage with limited funds.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Hw84dIQTfoxRwvxGlpuubChhs25" data-list="bullet"><div><span style="font-size: 16px;">Investors who want to seek profits even in declining markets.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxuso2rJpeLQ3bxjLc1peXhV0c"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CUQOdnPFToxjDjxt8EnuIx8ksOf"><strong>2. What are the Core Differences Between Futures Trading and Spot Trading?</strong></h2><div class="ace-line ace-line old-record-id-doxusdfzR3UUYwl328fDbLyr0ob"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-POSddGwOUo2OrOx37PouLnSpsyg"><span style="font-size: 16px;">The most fundamental difference between Futures trading and Spot trading is whether the underlying asset is actually held. The detailed comparison is as follows:</span></div><div><table class="ace-table" data-ace-table-col-widths="164;287;293" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="164"><col width="287"><col width="293"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-O2ohdPK5Qo37pfxmtb9uA8vjsGe"><strong style="font-size: 16px;">Difference</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-NZiGdkp2ToW694x7GqOuX8YhsKc"><strong style="font-size: 16px;">Futures Trading</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-YheidaIikoMxtgxAK16uM6Dhsod"><strong style="font-size: 16px;">Spot Trading</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-SR2GdMCHNoAwOXxJK4LuVwEyseh"><span style="font-size: 16px;">Asset holding</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-XbN1dloIoom4XXxiJMiuBFASsdv"><span style="font-size: 16px;">No, only price exposure</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-RkLnd0fwgoBbESxyZ27udwqWsCe"><span style="font-size: 16px;">Yes, actual crypto assets are held</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-F9UpdtjG1oM4kgxtfKmuZbFusEc"><span style="font-size: 16px;">Profit direction</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-CIs5dpsasopsR4x4Sz3usIUtsQh"><span style="font-size: 16px;">Supports both long and short positions</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-Jfl4dWZfRoVYHnxUzY7ujrU5sVc"><span style="font-size: 16px;">Profits only when prices rise</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-J58gdjFoiobssCx575iukKo1skb"><span style="font-size: 16px;">Leverage</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-ImPGdvfBHoqgRPxiuAauRf04scf"><span style="font-size: 16px;">Supports high leverage</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-PqFNdI0pdopTOFxbAQPuMQv5sZd"><span style="font-size: 16px;">Generally not supported</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-DJvoddXVFo78YdxEnequ7WYXskf"><span style="font-size: 16px;">Suitable users</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-TerbdwuYeo8vq2xc5BcuLtExsdb"><span style="font-size: 16px;">Short-term traders and hedging users</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-XBC3dxyTmop8FpxdNqWu9nwcsMf"><span style="font-size: 16px;">Long-term holders and DCA strategies</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-QJqEdKBcwo0n3MxG7PKuu1XKsxb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CzqadGgQboVSxRxg1L7uNdebsBc"><strong>3. Futures Trading Fees on MEXC</strong></h2><div class="ace-line ace-line old-record-id-ES2EdDo6Ko5mtPxIqxju9ey4sHd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-A0pJdCcUHo66fSxr05kuAK46sNc"><span style="font-size: 16px;">Understanding the fee structure is critical for controlling Futures trading costs. MEXC Futures fees are set as follows:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-QRBVdEpR1o70aBxG3KXu7pxSsTf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Maker</strong>: 0%. No fee is charged when placing orders that add liquidity to the order book.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-HA2Gd5WC6ogszpx8zecu3O10syg" data-list="bullet"><div><span style="font-size: 16px;"><strong>Taker</strong>: 0.02%. This fee applies to market orders or orders that execute immediately.</span></div></li></ul><div class="ace-line ace-line old-record-id-NLjQdnEB6o1Af4xgfTwudaNks9c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-D2v6deztvoKkLGxZIa8uMYhUs4e"><span style="font-size: 16px;">You can view the latest Futures trading fees on the MEXC Fees page.</span></div><div class="ace-line ace-line old-record-id-doxusfWf2ugqOlblV47YfzJCblg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusHf9oCd6ovqcstQWM0Zl5mb"><span style="font-size: 16px;">*BTN-View Futures Trading Fees&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/fee">https://www.mexc.com/fee</a>*</span></div><div class="ace-line ace-line old-record-id-doxusciB8yu6rCZ7diRVY7RYite"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-MSQcdH58doLyEOxCjhNuhGpSsKd"><strong>4. How Should I Choose Leverage?</strong></h2><div class="ace-line ace-line old-record-id-ZjUUdkixropKXQxofLyuUq4DsLf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-W9HKd0Pbaotp4axGyoWut1fusro"><span style="font-size: 16px;">MEXC's Futures platform offers flexible leverage settings, ranging from low to high levels. Users can freely adjust leverage based on market conditions and according to their own risk tolerance. Beginners are advised to start with low leverage and gradually increase it after gaining experience. It's always important to recognize that leverage amplifies both profits and risks. For example, using 100 USDT as margin with 10x leverage gives exposure to a 1,000 USDT position. If the market rises by 5%, the profit is 50 USDT, but a 5% decline results in the same amount of loss. Choosing leverage wisely is therefore a key part of risk management.</span></div><div class="ace-line ace-line old-record-id-CLsgdrhMjoQ1tVxjmw3uWc1VsLd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-JjcDdyPHQov1PgxRodPu9CDDs8d"><strong>5. How Do I Open and Close Futures Positions?</strong></h2><div class="ace-line ace-line old-record-id-SCypdst5lokoI8xgSyquZHPlseO"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LgGQdCYwXoMYPBxSys3uuk4Zsld"><span style="font-size: 16px;">The basic steps for Futures trading on MEXC are as follows:</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-YkD3dtcfvoi1DmxAJKbudJZgsTb"><span style="font-size: 16px;">1) Log in to your MEXC account and enter the <a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures trading</a> page.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-J4M6ddgsjoQZ1pxyYtXuxO3BsOf"><span style="font-size: 16px;">2) Select the trading pair and set the leverage.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-IBaUdjDZ9oswlRxFWAAuKqCmsfg"><span style="font-size: 16px;">3) Choose the margin mode (isolated or cross).</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-GGWId5ihSoQab4xh74Fu4utpswf"><span style="font-size: 16px;">4) Select the order type (limit, market, trigger, etc.).</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-EK1ddtLN5oYn6MxMTh6uZFjdsPe"><span style="font-size: 16px;">5) Enter the trade quantity.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-NMhid1rXjo7ZYExOdBFuu6zCsSd"><span style="font-size: 16px;">6) Choose <strong>Open Long</strong> or <strong>Open Short</strong> to open a position.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-OPnmdCmKToneiQxcZHeuFy5tsPh"><span style="font-size: 16px;">7) When the price reaches your target, select <strong>Close</strong> to complete the trade.</span></div><div class="ace-line ace-line old-record-id-FTo6dLk3JoK0pmx9p0LuX5FQshb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CVEmda5sloRFpWxhDNyu7KPCssh"><span style="font-size: 16px;">For more detailed instructions, you can read:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-XPL5djhVDozuHlxQa15ucvgesje" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664">How to Trade Futures on the MEXC App</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-DB8edYBoOoxoTPxJn1LuzZMYsHd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144">How to Trade Futures on MEXC Web</a></span></div></li></ul><div class="ace-line ace-line old-record-id-RGORdq8pLoh6Dcx3wZmuUNMGsyg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxus6g0LwD2waEE7QHWwHDnvUf"><span style="font-size: 16px;">*BTN-<strong>Start Futures Trading</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">https://www.mexc.com/futures/BTC_USDT</a>* </span></div><div class="ace-line ace-line old-record-id-doxusnJZz6ujkkQyaHEkfNqxvFf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-RVcedPVwgoJXIzxdaNvuAyXfsg7"><strong>6. What Is the Funding Rate?</strong></h2><div class="ace-line ace-line old-record-id-doxus69hR79t6gs0X8MtkzQRbfb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AWB9dWx8yowu8WxIG4wuZiPrsWe"><span style="font-size: 16px;">The <a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list">funding rate</a> is a core mechanism in perpetual futures markets used to keep futures prices aligned with spot prices. The fee is exchanged directly between long and short position holders, and the platform does not charge any portion of it.</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-DxTCdXDpdoS0qMxpaiauPRZJsOb" data-list="bullet"><div><span style="font-size: 16px;">When the funding rate is positive, long position holders pay funding fees to short position holders.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-O9hydzzixoPq0rx8rlmueOXis3d" data-list="bullet"><div><span style="font-size: 16px;">When the funding rate is negative, short position holders pay funding fees to long position holders.</span></div></li></ul><div class="ace-line ace-line old-record-id-YurmdhMmDoQdxPxd0v6uVECwsgh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LHUQdYXlTok7pcx6a2ZuA1XJsJg"><span style="font-size: 16px;">The funding fee is calculated as: Funding fee = Position value × Funding rate</span></div><div class="ace-line ace-line old-record-id-SYOSdbIFno74LHxYwZgug65asig"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DDrcdKMoJoCaUvxQWXNuQWRlsJc"><span style="font-size: 16px;">Note that funding fees may affect the liquidation price and final profit or loss. Funding settlement times vary by trading pair. Refer to the information displayed on the official website for specific settlement times.</span></div><div class="ace-line ace-line old-record-id-doxusoO9pvHbq8JIjmmpOfGwWHd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusQ2hiTkXCFBTenT83GKDsoc"><span style="font-size: 16px;">*BTN-<strong>View Funding Rates</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list">https://www.mexc.com/futures/information/funding_list</a>* </span></div><div class="ace-line ace-line old-record-id-doxusRBry0WvA2jrVvaPFapD73g"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZH1FdU20yoRgX7xUAJFuNNmUs5f"><strong>7. How Is Futures PNL Calculated?</strong></h2><div class="ace-line ace-line old-record-id-doxusXhsp1o2rwipsZkMGkIwBng"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-P32FdVKbloYyAwxriQAuVKQCsNT"><span style="font-size: 16px;">Futures trading mainly uses two settlement methods: Stablecoin-Margined Futures and Coin-M Futures.</span></div><div class="ace-line ace-line old-record-id-I3Rrdd0IRoB9Kqxs5X5uKSBlsDg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-U4URdMD7VopxsHxTkCAu2dKRseh"><span style="font-size: 16px;">Stablecoin-Margined Futures</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-AILHdCBgDoQfP0xb62duCfGOs1g" data-list="bullet"><div><span style="font-size: 16px;">Long position PNL = (Close price − Entry price) × Quantity × Size</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ZcdsdvtnoozupsxbvyHue3XRssc" data-list="bullet"><div><span style="font-size: 16px;">Short position PNL = (Entry price − Close price) × Quantity × Size</span></div></li></ul><div class="ace-line ace-line old-record-id-Ys4OdhoDUoYYKLxKAo4uLQ6RsAc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Pa0pdPTCQowzcixf2giudV7Gsgg"><span style="font-size: 16px;">Coin-M Futures:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-WRSsd8c1UoPYrsxr1Q2uwf9YsHc" data-list="bullet"><div><span style="font-size: 16px;">Long position PNL = (1 / Entry price − 1 / Close price) × Quantity × Size</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-RLk3d6Q0loaKFSxtUlju8l7Mssf" data-list="bullet"><div><span style="font-size: 16px;">Short position PNL = (1 / Close price − 1 / Entry price) × Quantity × Size</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusW9lbzsO4QuzaKUMgkkK8dc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UfROdrDQ5onzZjxYbHfun8E3sVg"><strong>8. What Is Liquidation and How Is the Liquidation Price Calculated?</strong></h2><div class="ace-line ace-line old-record-id-MJr3dMTwQoMHLexS4ZRu8fRVsJf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XC5FdcnTVouDISxQdaYup0hbsSb"><span style="font-size: 16px;">When margin is insufficient to cover losses, the platform triggers liquidation and automatically closes the position to prevent the account from becoming insolvent. </span></div><div class="ace-line ace-line old-record-id-Iz4PdmE2jo1wnFxllfGueVwBsEg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PdB5dqa3oo8t3nxSVrHuyOfnsve"><span style="font-size: 16px;">Liquidation condition: Position Margin + Unrealized PNL ≤ Maintenance Margin</span></div><div class="ace-line ace-line old-record-id-KRCwdJSVHoJHMJx5soouK8vWsgh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZXnDdnP6nou7wlxA4PyuqWl2scf"><span style="font-size: 16px;">Liquidation price calculation:</span></div><div class="ace-line ace-line old-record-id-BAVnd4JeMoluBmxuqowucH7isyg"><span style="font-size: 16px;">Long position: Liquidation Price = (Maintenance Margin − Position Margin + Entry price × Quantity × Size) / (Quantity × Size)</span></div><div class="ace-line ace-line old-record-id-I4oQduXM1oajlhxL2sOujRDjsKh"><span style="font-size: 16px;">Short position: Liquidation price = (Entry price × Quantity × Size − Maintenance Margin + Position Margin) / (Quantity × Size)</span></div><div class="ace-line ace-line old-record-id-doxusnYyn8CNzz1RV6TQXWqGyfd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O6gaduN9kof3hlxLfr8u7FuxsW8"><span style="font-size: 16px;">Example: A user opens a BTC long position when the BTC price is 60,000 USDT with 50x leverage. If the price falls to 58,000 USDT and margin becomes insufficient, the platform will automatically liquidate the position at the liquidation price to prevent further losses.</span></div><div class="ace-line ace-line old-record-id-doxusJErLzc6LxMhAvHcxOgamle"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PlI7dP2ekozpKnxQHDKu9vFRsMg"><span style="font-size: 16px;">For more details, you can read:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-CCsqd9VpAouQXex8RRYuFbG2sMd" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/what-is-liquidation-a-complete-guide-to-its-mechanism-price-calculation-and-risk-management/1" style="font-size: 16px;">What Is Liquidation? A Complete Guide to Its Mechanism, Price Calculation, and Risk Management</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-PwfudkFc3oKWXIxXYoquRAdRsKg" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/understanding-liquidation-risk-faqs-and-protection-tips/1" data-lark-is-custom="true" style="font-size: 16px;">Understanding Liquidation Risk: FAQs and Protection Tips</a></div></li></ul><div class="ace-line ace-line old-record-id-doxusyOECbvlhJgr6P3O3Bq2hGf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-H5uQd6X1doVm6Nxz4XfuJArMskf"><strong>9. Why Does the Liquidation Price Change?</strong></h2><div class="ace-line ace-line old-record-id-doxuseeqdddFLcFnznv8L9tiLSL"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusvZb4AD02vmxb4qEHaxrl2g"><span style="font-size: 16px;">Changes in your Futures account balance directly affect the liquidation price.</span></div><div class="ace-line ace-line old-record-id-Iu4BdMd8DopAVTxTJTRuT9DFsUd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ORUSdpHneoLICaxKguqucApOshf"><span style="font-size: 16px;">When users hold both Stablecoin-Margined Futures and Coin-M Futures, funding settlements may cause the liquidation price to rise or fall depending on market conditions.</span></div><div class="ace-line ace-line old-record-id-doxusKGii0YL38JqqPBbdkxkv5e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Pba6d0ohforXcaxxK8duw23hsne"><span style="font-size: 16px;">Under multi-asset margin mode, liquidation prices may change more frequently than under single-asset margin mode. This is because liquidation prices are calculated based on the combined value of all margin assets, and fluctuations in margin prices will cause corresponding adjustments.</span></div><div class="ace-line ace-line old-record-id-doxusswAGeESaah9SNhTGhqOW5b"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-M6I3dgnaRokRqHxsR6KuBi3lsDc"><strong>10. Why Can't I Increase My Position Size Even With Sufficient Margin?</strong></h2><div class="ace-line ace-line old-record-id-doxusMbo5bJN5kvb5DYKklZY21d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OduSdQ8jOos2znxDUSWu8Rs6s3e"><span style="font-size: 16px;">This is usually related to risk limits. On the <a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/risk_limit">Risk Limit</a> page, you can view the maximum position size allowed for each risk tier within the same Futures pair. As position size increases, the maximum allowable leverage decreases. This mechanism is used by the platform to control systemic risk.</span></div><div class="ace-line ace-line old-record-id-doxusVVCPuDvKlEOkOfu442aaxe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusxIndUYazWBpv6I1aoGjQEf"><span style="font-size: 16px;">*BTN-<strong>View Risk Limits</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/risk_limit">https://www.mexc.com/futures/information/risk_limit</a>* </span></div><div class="ace-line ace-line old-record-id-doxus8wnqxptGMPkx7a9lMm3oud"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WDBodVu0xoM7nSxK1zAuPPlosqg"><strong>Conclusion</strong></h2><div class="ace-line ace-line old-record-id-doxusWwQdmvXqwzyqc7SnIzKTCP"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WB3adIFqGoI1M2xFsYpu2Awwsfb"><span style="font-size: 16px;">Futures trading is a high-risk, high-reward financial tool suitable for users with market judgment and strong risk management awareness. MEXC offers flexible leverage settings, diverse order types, and a transparent fee structure, making it an ideal platform for beginners to learn and practice Futures trading. Before trading, it is recommended to fully understand the rules for trading Futures, develop a reasonable trading strategy, and implement proper risk controls to steadily improve your trading skills.</span></div><div class="ace-line ace-line old-record-id-Ofx8d50A4oFo2dxGvZ7ugFQhsWg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ZPpndZnOmohwQDxLGp4uiiUpsBh"><span style="font-size: 16px;">Learn More About MEXC Futures: </span></h3><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-VVafdFQaro0giKximqbusOePsKc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/time-in-force-tif-for-futures-trading-305427906242034688">Time in Force (TIF) for Futures Trading: A Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-XL6Jd97WmoyPyjxf3uruDO71skh" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-QNh1dZAORoOAWyxaNSYue2E3slh" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-app-navigation-305429821797449728">MEXC App Navigation: Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IoMQdL5y5os5JjxxjDfuEx3TsSd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-index-price-fair-price-and-last-price-7950960183961">FAQ on Index Price, Fair Price, and Last Price</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-KOqHdQVqaoFlf1xhWHQuvumcsrh" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-auto-deleveraging-adl-8127010829081">FAQ on Auto-Deleveraging (ADL)</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-U1Ovdoug6ocI2GxLlAyuOU3Isgb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505">Futures Trading Page Terminology Guide</a></span></div></li></ul><div class="ace-line ace-line old-record-id-doxusYcXqSf8egjvyZzxtRsM0eg"><span style="font-size: 16px;"><br></span></div></div>

<div data-page-id="OCi0dqZDQoU7p7xTQyQu8u0xsLf" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-doxus9Uo3BqqRbU8pvqqiwbprtb"><span style="font-size: 16px;">In MEXC Futures trading, index price, fair price, and last price are three core price references. Each serves a different purpose in pricing, risk control, and trade execution. This article explains the definitions, calculation logic, and practical usage of these three prices.</span></div><div class="ace-line ace-line old-record-id-doxusxmnmvyhch5fSGfLpmawSif"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GuCbdo3LjoVfNsxS2M3unwJ4ss3"><strong>1. Index Price: Basics and Calculation</strong></h2><div class="ace-line ace-line old-record-id-doxusHYbOkTHGVXKHJwIvZQk3wW"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-WZ5bd2wzboMS54xUCq0u6XAysId"><span style="font-size: 16px;">1.1 What Is the Index Price?</span></h3><div class="ace-line ace-line old-record-id-doxusrT25lFJ6S4rfYB1da3tATe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ae1mdrKiGo1FUzxeOOMupTM6sRh"><span style="font-size: 16px;">The index price is the weighted average price of the underlying asset across major spot exchanges. All MEXC Futures use prices from leading exchanges as index sources. The index price updates continuously as the underlying asset price changes, reflecting the asset's true market value.</span></div><div class="ace-line ace-line old-record-id-doxusrE1Rjw9w0NypLMMJqTbTRh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-P28qd1XJTo71DIxlaJluDjOMsNf"><span style="font-size: 16px;">The index price is designed to reduce risks caused by price volatility and market manipulation by providing a more stable pricing reference. It represents the fair market value across the broader market.</span></div><div class="ace-line ace-line old-record-id-doxusbnERdpTUNijNey4bcKz3cg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AAq7din3QoLEPNxrpVPudEZcsxd"><span style="font-size: 16px;">1.2 How Is the Index Price Calculated?</span></h3><div class="ace-line ace-line old-record-id-doxusi4NH0P9Yrh8uoqCh36wOng"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Zc3vduOdkoLFg3x0feauCeIusoR"><span style="font-size: 16px;">The index price is calculated as follows:</span></div><div class="ace-line ace-line old-record-id-doxusanTiAY1YRV6KnyvdsM3yqb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-V2QVduIzso490yxbSvKu4Yi0sBd"><span style="font-size: 16px;">Index Price = (Weight % of Exchange A × Asset Price on Exchange A) + (Weight % of Exchange B × Asset Price on Exchange B) + … + (Weight % of Exchange N × Asset Price on Exchange N)</span></div><div class="ace-line ace-line old-record-id-doxusWUurTG36Pe7ODWcVmvjMGc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CdotdgefXo9YmYxo4oxuRUiBsyg"><span style="font-size: 16px;">Where:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-BnJddAtpQoJB2bxd2Xlu2qaZsHd" data-list="bullet"><div><span style="font-size: 16px;">Weight % of Exchange i = Weight of Exchange i / Total Weight</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ZlhDdRhBTo5y8zxQBwIu2XQbsHf" data-list="bullet"><div><span style="font-size: 16px;">Total Weight = Weight of Exchange A + Weight of Exchange B + … + Weight of Exchange N</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusMTBrQsQwIMHskrUe0tt6ng"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LRkYdTUsdorpiGxwVzHujWYJsNc"><span style="font-size: 16px;">MEXC periodically updates index components and their weights. In cases of extreme market conditions or abnormal price deviations, MEXC may implement additional protective measures, including but not limited to adjusting index components and weights.</span></div><div class="ace-line ace-line old-record-id-doxus7Cvy3OGVRnrYSe0gXmYptb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BH5Gdg06XoIfdIx5i88uFm72sUf"><span style="font-size: 16px;">1.3 What Protection Mechanisms Apply to the Index Price?</span></h3><div class="ace-line ace-line old-record-id-doxusyzpqp8Mns9ZwNM5ufGqd9e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Zql5d328YoDGjpxRauLu71PIsOg"><span style="font-size: 16px;">To ensure index price fairness, MEXC applies the following protection mechanisms:</span></div><div class="ace-line ace-line old-record-id-doxusct51WeaVqzXQ2yXXuLSS1d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SUm8dKIFEoLozyxEqQfumPR0sBf"><span style="font-size: 16px;"><strong>Delayed Data Exclusion: </strong>If an exchange's market data updates slowly over an extended period or shows abnormal price deviations, its data will be excluded from index calculation. Once data quality returns to normal, it may be re-included.</span></div><div class="ace-line ace-line old-record-id-doxus0tafQBdV0OXPjuZRbmxlCc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LHhEdV11KoXcHExEUhWu8XDeskg"><span style="font-size: 16px;"><strong>Price Deviation Protection: </strong>If a Spot price from a specific exchange deviates by more than ±1% from the median price of all included exchanges, MEXC will exclude that exchange's price from the calculation. This rule does not apply when fewer than three exchange prices are available. During extreme market conditions, MEXC may adjust the deviation threshold for certain trading pairs or exempt them from this rule.</span></div><div class="ace-line ace-line old-record-id-doxusHoJdmCr7n3ija8EKeXo9rh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-JfB5dY4jvob0ZaxNwmVuuIMRsOc"><strong>2. Fair Price: Basics and Calculation</strong></h2><div class="ace-line ace-line old-record-id-doxusXBXJodC4ev0GXhsKjG0cUc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OrVfd5ygloWxB1x1S2Uu6UfOsFg"><span style="font-size: 16px;">2.1 What Is the Fair Price?</span></h3><div class="ace-line ace-line old-record-id-doxusr2kVSLgINHaLzW3hn793Oe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-M4iSdEIoxo6rLJxRnCouTpDSsnc"><span style="font-size: 16px;">The fair price is calculated using the index price and a moving average of the basis. To enhance Futures market stability and reduce unnecessary liquidations during abnormal volatility, MEXC Futures use a uniquely designed fair price marking system.</span></div><div class="ace-line ace-line old-record-id-doxusYGafL9hoRzMoFNor1ctMed"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-J7JBdujk6oG6mOx0ULFu856Ys6i"><span style="font-size: 16px;">Instead of using the last price, the system marks positions based on the fair price. This prevents unnecessary deviations between in-market prices and the index caused by manipulation or low liquidity, thereby avoiding unnecessary liquidations. The fair price is a core risk-control mechanism designed to protect traders.</span></div><div class="ace-line ace-line old-record-id-doxuscNCTVMOli5eThuvlPSZRtA"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-P0hQdNiWNoiJVYxtXLNu1Pg2sAh"><span style="font-size: 16px;">2.2 How Is the Fair Price Calculated?</span></h3><div class="ace-line ace-line old-record-id-doxusK15wCJFugRaxpMQaRlvpih"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AHREde3hkoiLmox16rVuj24UsIc"><span style="font-size: 16px;">The fair price is calculated as:</span></div><div class="ace-line ace-line old-record-id-doxusugmgu2pLNFm67p2rnRZXgf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BFXLdVvx9org4mxpzRRuqm8osFd"><span style="font-size: 16px;">Fair Price = Median (Funding Premium, Mid-Price Basis Fair Price, Last Price)</span></div><div class="ace-line ace-line old-record-id-doxus5BZsmHmBbTRUiz4tZK9s6g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vp6Pd2KvyofZtPxrWYdubkk7sEf"><span style="font-size: 16px;">Where:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-B6NDd7vj4orHqtx3ycguzTGYsGe" data-list="bullet"><div><span style="font-size: 16px;"><strong>Funding Premium</strong> = Index Price × [1 + Latest Funding Rate × (Hours Until Next Funding / Funding Interval Hours)]</span></div></li><li style="white-space:pre;;text-align:left" class="ace-line ace-line old-record-id-G9uydcwL4olJwPxto1BuN8yts7g" data-list="bullet"><div><span style="font-size: 16px;"><strong>Mid-Price Basis Fair Price</strong> = Index Price + Basis Moving Average (specified period) = Index Price + Moving Average [(Best Bid + Best Ask) / 2 − Index Price]</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IMlVd6AyzopedLxT8O2ulnk6sQh" data-list="bullet"><div><span style="font-size: 16px;"><strong>Last Price</strong> = The most recent Futures trade price, updated in real time.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusKzo4svtZoamhiXyvvutehh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-I25vdweOIo2npAx1HC4uYbm9spd"><span style="font-size: 16px;">2.3 What Trading Data Does the Fair Price Affect?</span></h3><div class="ace-line ace-line old-record-id-doxuslwANhxdpPLsvM5MP5POcLe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DuHtdUw72oMhoxxz88hu02Vrsvh"><span style="font-size: 16px;">The fair price only affects liquidation price and unrealized PNL. It does not affect realized PNL. This means that after an order is filled, you may immediately see positive or negative unrealized PNL due to a slight difference between the fair price and the execution price. This is normal and does not indicate an actual loss. Traders should focus on the liquidation price based on the fair price to avoid premature liquidation.</span></div><div class="ace-line ace-line old-record-id-doxusoJOr98InqO8QrH3KBLpVib"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-VCmJdN3zao7zBAxWsUyuNF7DsNg"><strong>3. Last Price: Basics</strong></h2><div class="ace-line ace-line old-record-id-doxuskJYxNIelXoFfsqTmkFe3Md"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-DXODdmpCgoukiOx6uJwuBDv4sIc"><span style="font-size: 16px;">3.1 What Is the Last Price?</span></h3><div class="ace-line ace-line old-record-id-doxus7IGb90DdGRjKo5sXrlPWgf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G4X1dpzkcoRIHmxyf4quolkas3N"><span style="font-size: 16px;">The last price is the most recent execution price in the MEXC Futures order book. It directly reflects real-time trading activity on the MEXC platform and represents the actual price of the latest matched trade between buyers and sellers.</span></div><div class="ace-line ace-line old-record-id-doxusExqQ771Yjm9OIlXI2zL19e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-W5BNdL4vRoAyzYxmEV2uNNftsWf"><span style="font-size: 16px;">The last price directly determines the execution price of market orders. While it has the highest immediacy, it is also the most susceptible to large orders or insufficient market depth, which can cause sharp price fluctuations.</span></div><div class="ace-line ace-line old-record-id-doxusBYNcrTPpS82DMNlolKz3Ie"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Afr4dqiJuoOqXBxsPRBuJ5kHsZc"><strong>4. Key Differences Between Index Price, Fair Price, and Last Price</strong></h2><div class="ace-line ace-line old-record-id-doxusn6Daxr6eYui4WHhf6zpY7d"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="131;222;236;227" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="131"><col width="222"><col width="236"><col width="227"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VNStd4RajonPBtxNBUcukk4xsGg"><strong style="font-size: 16px;">Comparison </strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-H6VQdJjQeoVmdXxKPwKu6mHosTc"><strong style="font-size: 16px;">Index Price</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-WcQhdmSLooEv9LxSDaou8wVQsUf"><strong style="font-size: 16px;">Fair Price</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Wg3Ld0nC2ov4Pkx9KW8uWEHMs1J"><strong style="font-size: 16px;">Last Price</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SblBdPXzgoUYQYxJdU8utKKDsyd"><strong style="font-size: 16px;">Core Definition</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NfXydLL5ho9rcOxQXqTuO4qwsOc"><span style="font-size: 16px;">Weighted average price across major exchanges</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-EoujdlNyuogID9xAs8HujNhAsUf"><span style="font-size: 16px;">Smoothed price based on index price and basis moving average</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NKbpds3sEoXQ37x6VlUuudjpsGe"><span style="font-size: 16px;">Real-time execution price on MEXC</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-OTgrdSuxwo7l5yxef9tutSoGsng"><strong style="font-size: 16px;">Primary Function</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LyHXdXoX4oSDJUxysTDubTBNs7g"><span style="font-size: 16px;">Anchor fair market value and prevent single-platform manipulation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-OIs3dBbs9ougGyxd2QauBAgosqd"><span style="font-size: 16px;">Calculate unrealized PNL and trigger liquidation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PXd8d8YtboaRCtxgU2duL247sdV"><span style="font-size: 16px;">Execute trades and calculate realized PNL</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SmLrdw3nLo1OwwxLrZ1uFyiusWe"><strong style="font-size: 16px;">Trader Impact</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HIyYdicn7oZPIHxawvcuKf6zsEd"><span style="font-size: 16px;">Indirect; forms the basis of fair price</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-WyCZdompqomT8ixuo5rug9gOsSb"><span style="font-size: 16px;">Directly affects unrealized PNL and position safety</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-H3IZd5HsAoH324xfBM5uwyWTsub"><span style="font-size: 16px;">Directly affects actual entry and exit prices</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KiFNdAmomoNOH3xHMqcuDOpGs7x"><strong style="font-size: 16px;">Price Characteristics</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BNkGdiwx2oQZvCxPhiNuaBrTsjd"><span style="font-size: 16px;">Relatively stable, reflects market-wide trend</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LAZ2dUdwIoTjjFxIUmmuVkfZsIf"><span style="font-size: 16px;">Smoothed, filters short-term volatility</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-RZ6WdCYeqof2pvxfHnnuZP85sMg"><span style="font-size: 16px;">Most immediate, but also most volatile</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-MO8GdrBS1o31dhxP1z6uDtFCsOh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-AHBjdzjyjo9rrAxJgHZu65TAsJe"><strong>5. How to Switch Between Index Price, Fair Price, and Last Price on MEXC</strong></h2><div class="ace-line ace-line old-record-id-doxus71zGiu9R4UH7d4umg4ezl5"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KD96deHZeoGTE0xM3UluitiHsif"><span style="font-size: 16px;">5.1 How to Switch Price Display on MEXC Web?</span></h3><div class="ace-line ace-line old-record-id-doxuseymumrNhC8D15UCypRTQRd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XFvXdeZDFolmIQxtH1ducEXKs2f"><span style="font-size: 16px;">Steps:</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-Qfk0dgLH2oARt6x3QMFutBbesUo"><span style="font-size: 16px;">1) Open the MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures trading</a> page.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-YG14d7ATLovNGTx7lO8uJlIRsKd"><span style="font-size: 16px;">2) Hover over <strong>Last Price/Index Price/Fair Price ▼</strong> above the candlestick chart.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-H1KkdYeDto9zQJxK0ScuFxNoshc"><span style="font-size: 16px;">3) Select the price type you want from the dropdown menu.</span></div><div class="ace-line ace-line old-record-id-J7cTdzv2Uo29LzxUAw7u6VnpsVb"><span style="font-size: 16px;">You can also view real-time index price and fair price next to the trading pair.</span></div><div class="ace-line ace-line old-record-id-doxuspgWnq7Ok6JxmdfpFR5PHzd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusVfMPIJ1u6TDjkvdtbNkamg"><span style="font-size: 16px;">*BTN-<strong>Futures Trading</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">https://www.mexc.com/futures/BTC_USDT</a>*</span></div><div class="ace-line ace-line old-record-id-doxusj9vriEUhFGbofGCO4BM5tb"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"ffec6743-0ada-49d1-b0f3-0c91bdb07b0a","height":1296,"width":2934,"currHeight":1296,"currWidth":2934,"natrualHeight":1296,"natrualWidth":2934,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FRluzbfR4robFyJxHCWLuZaEWsjc%2F%3Fpreview_type%3D16","file_token":"RluzbfR4robFyJxHCWLuZaEWsjc","image_type":"image/png","size":861168,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusVWupRzvHSqX6nK0ahdArMc"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130836545XOYt86sSbZLcNL.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJSbHV6YmZSNHJvYkZ5SnhIQ1dMdVphRVdzamMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNWV3VwUnp2SFNxWDZuSzBhaGRBck1jIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9SbHV6YmZSNHJvYkZ5SnhIQ1dMdVphRVdzamMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/RluzbfR4robFyJxHCWLuZaEWsjc/?mount_node_token=doxusVWupRzvHSqX6nK0ahdArMc&mount_point=docx_image" data-width="2934" data-height="1296" data-lark-image-uri="drivetoken://RluzbfR4robFyJxHCWLuZaEWsjc" data-lark-image-width="2934" data-lark-image-height="1296" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxush3niJfXPcNY9HLncJwE3xf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-O8P8dTbrDokXpRxBzQJutxGfsWc"><span style="font-size: 16px;">5.2 How to Switch Price Display on the MEXC App?</span></h3><div class="ace-line ace-line old-record-id-doxusmQ2oMI1CLbjPYfaxKvtbxb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BZi6dVKlhoSIw2xKg2AueST4sbh"><span style="font-size: 16px;">Steps:</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-HdRZdEJHioLdgRxYeVYunKopsfd"><span style="font-size: 16px;">1) Open the MEXC App and tap <strong>Futures</strong> at the bottom.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-WCwDdyH7Woupe6xInbpuLRHTsad"><span style="font-size: 16px;">2) On the Futures trading page, tap the candlestick icon.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-LuOKdpPABomjlYxTWHwugCQhsne"><span style="font-size: 16px;">3) On the candlestick trading page, tap <strong>Last Price/Index Price/Fair Price ▼</strong> above the chart.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-AYYrdzlLGowY5ExhORpudqYasJh"><span style="font-size: 16px;">4) Select the desired price type to complete the switch.</span></div><div class="ace-line ace-line old-record-id-doxusT6GxlqBV6uMBsYIhGBEm2f"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"1c1d08fb-de68-4272-a702-437c2b2dacd4","height":2160,"width":4173,"currHeight":2160,"currWidth":4173,"natrualHeight":2160,"natrualWidth":4173,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FTAeNbAa6wowb2mxtb6LuxafSsof%2F%3Fpreview_type%3D16","file_token":"TAeNbAa6wowb2mxtb6LuxafSsof","image_type":"image/png","size":2462897,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusw75wt0jwLpBNwL6Q7jSIhR"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130837104RhyEseAUzhEtYd.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJUQWVOYkFhNndvd2IybXh0YjZMdXhhZlNzb2YiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXN3NzV3dDBqd0xwQk53TDZRN2pTSWhSIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9UQWVOYkFhNndvd2IybXh0YjZMdXhhZlNzb2YvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/TAeNbAa6wowb2mxtb6LuxafSsof/?mount_node_token=doxusw75wt0jwLpBNwL6Q7jSIhR&mount_point=docx_image" data-width="4173" data-height="2160" data-lark-image-uri="drivetoken://TAeNbAa6wowb2mxtb6LuxafSsof" data-lark-image-width="4173" data-lark-image-height="2160" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusptPyzwnquq5tms8kXiXSJb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-RMgzd4JGRolf1zxTcluuoR7ssor"><strong>6. Why Does a Loss Appear Immediately After Opening a Position?</strong></h2><div class="ace-line ace-line old-record-id-doxusK8VOENmarwdYswUoPpT1Tc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MMDldEBz0oKepFx6WkjuJA71s2n"><span style="font-size: 16px;">This occurs because your entry price is based on the last price, while unrealized PNL is calculated using the fair price. When there is a small difference between the two, unrealized gains or losses may appear immediately.</span></div><div class="ace-line ace-line old-record-id-doxus0niBnLWRNPtAor73Q9J4Ka"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-R23WdGun3orjeYxGYESusQOBssc"><span style="font-size: 16px;">This does not mean you have actually lost funds. It is normal Futures trading behavior caused by different pricing references. Traders should focus on the liquidation price based on the fair price, not solely on last price fluctuations.</span></div><div class="ace-line ace-line old-record-id-doxusy4DwC1iex71Eft6ga4SH9b"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-AtKsdF33CobQqNxZd51uwIOgs7e"><strong>7. Which Price Is Used to Calculate the Liquidation Price?</strong></h2><div class="ace-line ace-line old-record-id-doxusFB5ieK1ZSB96eYGtRcGpnl"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IQGudFSm5oAdDixMM4UuEFc7svc"><span style="font-size: 16px;">Liquidation is based on the fair price, not the last price. This design protects traders from brief abnormal price spikes. Even if the last price on the chart momentarily touches the liquidation level, the position will not be liquidated as long as the fair price remains within a safe range. Therefore, traders should always monitor the distance between the fair price and the liquidation price.</span></div><div class="ace-line ace-line old-record-id-doxusqoMZ5QE9NyZ89YYUxXKHth"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Yq9NdZGSpoNpjGx0lP4uucEUs5g"><strong>8. Can the Index Price Be Manipulated?</strong></h2><div class="ace-line ace-line old-record-id-doxuscL3x4nkmzjRWKDURYXhz0f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CU5Ud24ztoWqp6xIJtTu8AKhscb"><span style="font-size: 16px;">In theory, it is extremely difficult. Since the index price is derived from a weighted average across multiple major exchanges, manipulating it would require deploying a massive amount of capital simultaneously across several large exchanges, an extremely costly and impractical endeavor.</span></div><div class="ace-line ace-line old-record-id-doxusl7TTop2bbsAurS92NbHobb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZT0Pdi5nRo03fGxfkIvucLSzsFh"><span style="font-size: 16px;">In addition, MEXC's price protection mechanisms (such as excluding deviating or delayed data sources) further increase the difficulty of manipulation and effectively protect traders.</span></div><div class="ace-line ace-line old-record-id-doxusD5pc8IP0fnhYLwMUt2QWid"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-E4a3dz2NYoXKUtxfxqtuT4Yescb"><strong>9. What Does a Large Gap Between the Last Price and Fair Price Indicate?</strong></h2><div class="ace-line ace-line old-record-id-doxusegoOKc0czpon66ljMbVPee"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AixDdEO4Xo6JunxPiMxupdbos9e"><span style="font-size: 16px;">A significant difference between the last price and the fair price usually indicates:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-P7WQdX7MuoY2sRxdzXZutRkLsoh" data-list="bullet"><div><span style="font-size: 16px;"><strong>Extreme </strong><strong>market volatility</strong><strong>:</strong> Intense market sentiment (panic or euphoria) drives the last price rapidly, while the fair price lags due to its smoothing mechanism.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ULx3dmbOAoZKlUxlpdWuSXojsUg" data-list="bullet"><div><span style="font-size: 16px;"><strong>Insufficient liquidity:</strong> Low liquidity on a platform makes the last price more susceptible to large orders.</span></div></li></ul><div class="ace-line ace-line old-record-id-AXmbdYup4obFaexO3Fbu9UMWsbh"><span style="font-size: 16px;">This is an important warning signal for traders, indicating elevated market risk and potential severe slippage. </span></div><div class="ace-line ace-line old-record-id-doxusFaKykc64YwRE2cHPN7w41b"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Tqc2dVqKXoUW4qxC4NZuiuzksmb"><span style="font-size: 16px;">Recommended Reading:</span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-FlUtdG80doqlAOxagELuaYcLsDe" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448" style="font-size: 16px;">Futures Trading FAQ: A Complete Beginner's Guide</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-BdRrdZqVdoWdhqxxxhRuV85usEf" data-list="bullet"><div><a href="https://www.mexc.com/support/article/time-in-force-tif-for-futures-trading-305427906242034688" data-lark-is-custom="true" style="font-size: 16px;">Time in Force (TIF) for Futures Trading: A Complete Guide</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Vb3WdeSJxoz3OTxqQ6xuuQPzshd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505" data-lark-is-custom="true" style="font-size: 16px;">Futures Trading Page Terminology Guide</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IRs1d3BTNoIpzjxdnYlutfEAsce" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-complete-guide-to-futures-information-terminology-305436590665908224" data-lark-is-custom="true" style="font-size: 16px;">A Complete Guide to Futures Information Terminology</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Pa4wdUmYBoV2KOxcnwVuMzstsDe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on the MEXC App</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Fo71dkduqoa1hrx6CyfucxRqswg" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on MEXC Web</a></div></li></ul><div class="ace-line ace-line old-record-id-doxusWR59HSOyPI4t5hHx41prih"><span style="font-size: 16px;"><br></span></div></div>

<div data-page-id="QAXCdSKp3ovrG7xZfhHuAw6psvb" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-doxusTdSRATg8afYygRhs4QGg3g"><strong>1. What Is Liquidation?</strong></h2><div class="ace-line ace-line old-record-id-U9xddrwh9oajYWxNPo2uFxQvsZc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RrtCdNieyo1xNVxAYUHuszzVsgd"><span style="font-size: 16px;">Liquidation, also referred to as forced closure or margin call, occurs when the platform automatically closes a user's position. On MEXC, the maintenance margin rate (MMR) is the key indicator of a user's position risk and overall asset exposure. When the MMR reaches or exceeds 100%, the system will automatically liquidate the position. Users are strongly advised to monitor changes in their MMR closely to avoid liquidation.</span></div><div class="ace-line ace-line old-record-id-doxus77cPplSKzsI5xH4oWMsySf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusXNFoQ4eICatMFSumDtP6bh"><strong>2. What Triggers Liquidation on MEXC?</strong></h2><div style="white-space:pre;" class="ace-line ace-line old-record-id-doxusSDlrZFAlaLxo8Nk89v3q8e"><span style="font-size: 16px;"> MEXC uses the fair price as the trigger for liquidation. When the fair price reaches the liquidation price, the liquidation mechanism is activated. Using the fair price as a reference helps improve market stability and reduces unnecessary liquidation during periods of abnormal market fluctuations.</span></div><div class="ace-line ace-line old-record-id-Zgsod8uX4oK9PJxoSkBulmK8sqb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XaLadiGDGoqHCDxeRczuDq1FsAb"><span style="font-size: 16px;">Users can view the current fair price and its explanation at the top of the trading page. Additionally, at the top of the candlestick chart, users can switch between the fair price, the last price, and the index price to easily track the trends of all three prices.</span></div><div class="ace-line ace-line old-record-id-VSpbdp2blo0tuWxOS8Vuluossqe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"4c5d3677-18c3-4ca3-8fd0-472522fe0806","height":1298,"width":2268,"currHeight":1298,"currWidth":2268,"natrualHeight":1298,"natrualWidth":2268,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FKUELbfUodoLA3PxhMTpuc88YscS%2F%3Fpreview_type%3D16","file_token":"KUELbfUodoLA3PxhMTpuc88YscS","image_type":"image/png","size":589158,"comments":[]}]}" class="image-uploaded gallery old-record-id-Wo1AdjynzoH0tZxcc1ZuXVezsch"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174212532lhp9LtjS9TFuEX.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJLVUVMYmZVb2RvTEEzUHhoTVRwdWM4OFlzY1MiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiV28xQWRqeW56b0gwdFp4Y2MxWnVYVmV6c2NoIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9LVUVMYmZVb2RvTEEzUHhoTVRwdWM4OFlzY1MvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/KUELbfUodoLA3PxhMTpuc88YscS/?mount_node_token=Wo1AdjynzoH0tZxcc1ZuXVezsch&mount_point=docx_image" data-width="2268" data-height="1298" data-lark-image-uri="drivetoken://KUELbfUodoLA3PxhMTpuc88YscS" data-lark-image-width="2268" data-lark-image-height="1298" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusuFIpTOMApSWqi8tDhGIfwt"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusJplf24Qw2dWyO0wJxbEG5p"><strong>3. How Does the Liquidation Process Work?</strong></h2><div class="ace-line ace-line old-record-id-ZG5UdZaF4oHFQCxEzH5ujutrste"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusofLJqRUEWtLgSNFmu9xjlo"><span style="font-size: 16px;">When liquidation is triggered, the system will execute a tiered liquidation based on the user's position risk limit to prevent the entire position from being liquidated and to better manage risks.</span></div><div class="ace-line ace-line old-record-id-doxusRSkiu0ukNnJaPToAFVRW4f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxus5y6VtLGK8xhIZL3iJTikKb"><strong style="font-size: 16px;">Order Cancelation</strong></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-OMSwd9UeNopA3vxD1N2u0wWns2d" data-list="bullet"><div><span style="font-size: 16px;"><strong>Cross Margin Mode:</strong> All open orders under the account are canceled.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-MLZrdiMsZotkwHxlDU4uGAIIsUf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Isolated Margin Mode (when the </strong><strong>auto-margin addition feature</strong><strong> is enabled):</strong> All open orders for the affected contract are canceled.</span></div></li><li class="ace-line ace-line old-record-id-Dnv5dgY61omh9jx01KwuAMpwsye" data-list="bullet"><div><span style="font-size: 16px;">After canceling orders, if the maintenance margin rate still equals or exceeds 100%, the process moves on to the next step.</span></div></li></ul><div class="ace-line ace-line old-record-id-QJMqdSYNAoYUf7xWKUgus3dDsEz"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IXVFdZ1gpo3GSXxSpiNuFHhmsqb"><strong style="font-size: 16px;">Long-Short Self Trading</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-BMXmdTDw7oy3MZxr8RluztMfs7g" data-list="bullet"><div><span style="font-size: 16px;">In cross margin mode, if both long and short positions exist simultaneously, the system will automatically reduce positions by performing self trading. </span></div></li><li class="ace-line ace-line old-record-id-Zrxkdp8hsoiVQ3xMTyiucmyPs1b" data-list="bullet"><div><span style="font-size: 16px;">This step only applies in <strong>cross margin mode</strong>. After completing self-trading, if the margin rate is still 100% or higher, the system will proceed to the next step.</span></div></li></ul><div class="ace-line ace-line old-record-id-TjHVdBBkIoJGggxPwvruAlpIs8f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AdxPdECkbolsKzxwbRIuVra6snc"><strong style="font-size: 16px;">Tiered Liquidation</strong></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-PPM8doYrLoJId3xPfOTuNhVRsoc" data-list="bullet"><div><span style="font-size: 16px;"><strong>Lowest Risk Tier:</strong> If the position is already in the lowest risk limit tier, the process moves on to the next step.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ThMKdZoTVozsjwxG36Nu88A1sAd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Higher Risk Tiers:</strong> If the position is at a higher risk limit tier, the system will liquidate part of the position at the bankruptcy price to reduce the risk limit tier. The system will then recalculate the margin rate based on the new, lowered maintenance margin rate. If the margin rate remains 100% or higher, the tiered liquidation process continues until the lowest tier is reached.</span></div></li></ul><div class="ace-line ace-line old-record-id-IqlDdaNiBoS5TJxGCuTut3HWs9d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NuyMdSuplomdfNxgpUFuYpzKsrf"><strong style="font-size: 16px;">Full Liquidation</strong></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-P1OddOiqPoZzi3xyQj9u6af8sAb" data-list="bullet"><div><span style="font-size: 16px;">When the position is at the lowest risk tier but still has a margin rate at or above 100%, the remaining position is fully taken over by the liquidation engine at the bankruptcy price.</span></div></li><li class="ace-line ace-line old-record-id-HeRJdCqg7oQn1mxup1ZupQx4sCh" data-list="bullet"><div><span style="font-size: 16px;">Note: Liquidations are handled by the liquidation engine and do not go through the matching engine, so the bankruptcy price is not reflected in transaction records or on the price chart.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxushWSz2yoMgXEiyHpgcSiGUc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-doxus2bzIVQ1xmNvXipfTFSSc3g"><span style="font-size: 16px;">After Liquidation Engine Takeover:</span></h3><div class="ace-line ace-line old-record-id-doxusrmdVtP7iJJ9SjXeYYu6zgh"><span style="font-size: 16px;">Once a user's position is taken over by the liquidation engine at the bankruptcy price, if it can be executed at a price better than the bankruptcy price, any remaining margin will be added to the insurance fund.</span></div><div class="ace-line ace-line old-record-id-doxusJIFNwZBBQnUMlkYdli5UHh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Cvrad14SuoFtAyxBuVcuHteps86"><span style="font-size: 16px;">If the position cannot be executed at a price better than the bankruptcy price, the resulting deficit will be covered by the insurance fund. Finally, if the insurance fund is insufficient to cover the loss, the position will be passed on to the auto-deleveraging (ADL) system.</span></div><div class="ace-line ace-line old-record-id-GvSBdDGcAoI51IxGyxcuifF4sgf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusxBr1vln5HQFDdGX0oEE3ud"><strong>4. How to View Liquidation Orders</strong></h2><div class="ace-line ace-line old-record-id-Sezhd2kcSo4I5yxg3KWuhUCQsLc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusky82kMmDejmLYbb3MkFYEf"><span style="font-size: 16px;">Liquidation orders can be found in the <strong>Position History</strong> section.</span></div><div class="ace-line ace-line old-record-id-BANydpasDooDbDxnQvkudVImsCD"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-doxuskWPHHu33sdgOCcykVnV0Xf"><span style="font-size: 16px;">4.1 App</span></h3><div class="ace-line ace-line old-record-id-KhmVdmFxWogNKaxAYY1uzDVRsPc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusOaBqyHPIPdLI80vu9j1V2g"><strong style="font-size: 16px;">Method 1</strong></div><div style="text-align:left" class="ace-line ace-line old-record-id-HCSjdqbGxoC4oaxzgLluRfwBsWd"><span style="font-size: 16px;">1）Log in to the MEXC App and click <strong>Futures</strong> at the bottom to enter the Futures Trading page.</span></div><div class="ace-line ace-line old-record-id-AR3hdDuSIoYW1oxSk7mubJSZsnd"><span style="font-size: 16px;">2）Click the order icon in the order section.</span></div><div class="ace-line ace-line old-record-id-SpGKdMlExoH5JSxDgDQuHs4VsWe"><span style="font-size: 16px;">3）Check your liquidated orders in <strong>Position History</strong>.</span></div><div class="ace-line ace-line old-record-id-MYK1dDlOOoupGOxdCUxuC2Vysih"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"05fb4a27-d4b3-4c2c-ae5f-dd3717c01f9b","height":2157,"width":3129,"currHeight":2157,"currWidth":3129,"natrualHeight":2157,"natrualWidth":3129,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FLlHAbIacNobxwExSh5Muojb9sdg%2F%3Fpreview_type%3D16","file_token":"LlHAbIacNobxwExSh5Muojb9sdg","image_type":"image/png","size":1141047,"comments":[]}]}" class="image-uploaded gallery old-record-id-P6MpdjdBxo67BrxWyMNuelBwsAh"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260211152437225sopQTF7uqNBMMU.png" style="max-width: 100%; height: auto; border-radius: 12px; width: 750px;" data-host-from-cloud="true"></div><div class="ace-line ace-line old-record-id-doxusbMGnx3I9YfnmUSULQof1be"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusrFmTW0QUng5wW2WCCUmO4c"><strong style="font-size: 16px;">Method 2</strong></div><div style="text-align:left" class="ace-line ace-line old-record-id-OZBKdzDnvoFXS8x7WJiuQzbCsPb"><span style="font-size: 16px;">1）Log in to the MEXC App and tap <strong>Wallets</strong> at the bottom to enter the Wallets page.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-V6ridjb3noYIXlxq5X4uDaBbsbs"><span style="font-size: 16px;">2）Select the Futures tab and click the order icon on the right.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-Cf3ndLMzdo4voUxRP59uxKw8sRc"><span style="font-size: 16px;">3）View your liquidated orders in <strong>Position History</strong>.</span></div><div class="ace-line ace-line old-record-id-QqF6drqA1opFCFxx7Fvuot81syd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"65cc9cc9-3688-4fe1-bc48-8e6130b63542","height":2160,"width":3129,"currHeight":2160,"currWidth":3129,"natrualHeight":2160,"natrualWidth":3129,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FY8J4byRJZot7IaxFhgBunb8tsRd%2F%3Fpreview_type%3D16","file_token":"Y8J4byRJZot7IaxFhgBunb8tsRd","image_type":"image/png","size":1062486,"comments":[]}]}" class="image-uploaded gallery old-record-id-BQv8dPaqnoVt6Vxsk96uTnLVsRb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F2026021115242316710dIqAGy4fF86A.png" style="max-width: 100%; height: auto; border-radius: 12px; width: 750px;" data-host-from-cloud="true"></div><div class="ace-line ace-line old-record-id-SAipdRbcroAIg4xqh1puGW7Gsif"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-doxusa5ovlW5dZp1ywWdR2WDTqh"><span style="font-size: 16px;">4.2 Web</span></h3><div class="ace-line ace-line old-record-id-HgQ0dqquAoScUlxQXF0u7mM0sSd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vh64dRbKToHBPAxOrfJu4tFosRb"><span style="font-size: 16px;">On the website, log in and click <strong>Futures Orders</strong> under <strong>Orders</strong> in the top-right navigation bar.</span></div><div class="ace-line ace-line old-record-id-OdsYd2JAAoyKMpxGNUMucMWOsyd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"a71250e7-80be-454c-8e10-aaa4d49693bb","height":1274,"width":2870,"currHeight":1274,"currWidth":2870,"natrualHeight":1274,"natrualWidth":2870,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FSrwwbNi8fo2yb0xdBWBuXCWxsdb%2F%3Fpreview_type%3D16","file_token":"SrwwbNi8fo2yb0xdBWBuXCWxsdb","image_type":"image/png","size":418738,"comments":[]}]}" class="image-uploaded gallery old-record-id-XnlldL2VfoIGglxnQX4uLpcrs2c"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174216736Ptw8NIfXqJJ2ZH.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJTcnd3Yk5pOGZvMnliMHhkQldCdVhDV3hzZGIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiWG5sbGRMMlZmb0lHZ2x4blFYNHVMcGNyczJjIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9Tcnd3Yk5pOGZvMnliMHhkQldCdVhDV3hzZGIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/SrwwbNi8fo2yb0xdBWBuXCWxsdb/?mount_node_token=XnlldL2VfoIGglxnQX4uLpcrs2c&mount_point=docx_image" data-width="2870" data-height="1274" data-lark-image-uri="drivetoken://SrwwbNi8fo2yb0xdBWBuXCWxsdb" data-lark-image-width="2870" data-lark-image-height="1274" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusjKUeMbA23lmfqX7kgsB0Mh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Wuw2dCztjoqulIxBTKduxEfssBt"><span style="font-size: 16px;">Under <strong>Position History</strong>, you can view your liquidated orders.</span></div><div class="ace-line ace-line old-record-id-PIQMdf38Co7ANcxsKrCu0ZZFsfe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"e9759685-42cb-4cc4-9c98-ee100e9c822c","height":1016,"width":2872,"currHeight":1016,"currWidth":2872,"natrualHeight":1016,"natrualWidth":2872,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FX9VXbimtpoVgrqxxH05ukAvKsLg%2F%3Fpreview_type%3D16","file_token":"X9VXbimtpoVgrqxxH05ukAvKsLg","image_type":"image/png","size":374875,"comments":[]}]}" class="image-uploaded gallery old-record-id-QPHddYBi7oWkjGxELknulAaxsIh"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174210384UenERbWNzMfvdT.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJYOVZYYmltdHBvVmdycXh4SDA1dWtBdktzTGciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiUVBIZGRZQmk3b1drakd4RUxrbnVsQWF4c0loIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9YOVZYYmltdHBvVmdycXh4SDA1dWtBdktzTGcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/X9VXbimtpoVgrqxxH05ukAvKsLg/?mount_node_token=QPHddYBi7oWkjGxELknulAaxsIh&mount_point=docx_image" data-width="2872" data-height="1016" data-lark-image-uri="drivetoken://X9VXbimtpoVgrqxxH05ukAvKsLg" data-lark-image-width="2872" data-lark-image-height="1016" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxushTVGag3grSU2UGbLywnlqg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Gmq9dwo3lor5Hyxbq4LudvV5ssf"><strong>5. Explanation of Maintenance Margin and Maintenance Margin Rate</strong></h2><div class="ace-line ace-line old-record-id-ToTVdWEbsoXHElxyUXJuk2jpszb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SgIIdnoNQoQkaYxQcNkuWcsPsAc"><span style="font-size: 16px;">5.1 Maintenance Margin Rate</span></h3><div class="ace-line ace-line old-record-id-DjtkdB8x1oglI7xtoXNublGssxb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-T0PJd7ZvFoFqXsxGWyluzbnusVc"><span style="font-size: 16px;">The maintenance margin rate (MMR) is a risk indicator that is dynamically calculated based on your current position. When the MMR reaches 100% or higher, it means your margin is not sufficient to maintain your position, and the system will trigger liquidation.</span></div><div class="ace-line ace-line old-record-id-KAGHdrczBoG1SLx3XlYuumaQsQb"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-FLn0dTaExo3L7axP1nAuILiNsHg"><span style="font-size: 16px;"><strong>Calculation formula:</strong> MMR = (Maintenance Margin + Liquidation Fee) / (Position Margin + Unrealized PNL)</span></div><div class="ace-line ace-line old-record-id-BFKVdykHWozFekxBYuouUUGvsFf"> <span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VVS1dYBOhoa4G1xZMLsuXU7bsgf"><strong style="font-size: 16px;">Risk Assessment:</strong></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-DLZEdPY47oJLo3xT7L2uqZ7YsNc" data-list="bullet"><div><span style="font-size: 16px;">MMR < 100%: The position still has a safety buffer.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-BZYAdL5pyowI8KxcjwvuZ16ssUb" data-list="bullet"><div><span style="font-size: 16px;">MMR = 100%: The position value is just enough to meet the minimum requirement (Maintenance Margin + Liquidation Fee). Liquidation is triggered at this point.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-C9lzd8j1io4YACxFSViunBmMsxc" data-list="bullet"><div><span style="font-size: 16px;">MMR > 100%: The position value has fallen below the minimum requirement, and the system will begin the liquidation process.</span></div></li></ul><div class="ace-line ace-line old-record-id-TRwwdj5lAoVElvxsfTxuzZHps7g"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Z0p5du2OPo8wpJx5Yp6u723IsQd"><span style="font-size: 16px;">5.2 Maintenance Margin and Maintenance Margin Rate</span></h3><div class="ace-line ace-line old-record-id-JtuFdBRuioE9oHxwZbfu4nKysEh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JRR7djwt9oXx0Rxp1BKuQmE9sMd"><strong style="font-size: 16px;">5.2.1 Why Does Maintenance Margin Exist?</strong></div><div class="ace-line ace-line old-record-id-B4tIddo9cooYQKx75JvuTMwOsyf"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-YLfPdPdFloaGLdxV6znuxVtysbf"><span style="font-size: 16px;">The maintenance margin is the minimum margin required to keep a position open. When the account margin falls below this threshold, the system will trigger liquidation or partial liquidation. It is a necessary mechanism to protect positions and control the risk of liquidation. </span></div><div class="ace-line ace-line old-record-id-GOVsdYdIgotJtHxezbKus3CysOc"><strong style="font-size: 16px;">Calculation formulas:</strong></div><ul start="1" class="list-bullet1"><li style="white-space:pre;;text-align:left" class="ace-line ace-line old-record-id-JltndmGISo5Lw4xsBHguhCERskc" data-list="bullet"><div><span style="font-size: 16px;">USDT-Margined Futures: Maintenance Margin = Average Entry Price × Cont. × Size × Maintenance Margin Rate</span></div></li><li style="white-space:pre;;text-align:left" class="ace-line ace-line old-record-id-SX4tdLNenoXI87xeDc8uxyGysKf" data-list="bullet"><div><span style="font-size: 16px;">Coin-Margined Futures: Maintenance Margin = (Size × Cont. / Average Entry Price) × Maintenance Margin Rate</span></div></li></ul><div style="white-space:pre;" class="ace-line ace-line old-record-id-J64sdBbgloapXfx0QxKu5hKTsQb"><span style="font-size: 16px;"> The maintenance margin directly affects the liquidation price and can be considered the "locked" portion of margin used for risk management. The larger the position size, the more margin must be locked, which means the maintenance margin rate will increase accordingly. We strongly recommend that users close their positions before their available margin balance falls to the maintenance margin level to avoid liquidation. </span></div><p><br></p><div class="ace-line ace-line old-record-id-UciCd2mX8oYAl8xSCT9ucd5asKb"><strong style="font-size: 16px;">5.2.2 What Is the Maintenance Margin Rate?</strong></div><div class="ace-line ace-line old-record-id-UcjldMDMsoaRgAx8pmluNx33sGh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OlYydzLs7onuCMx6umYu5d1fs4G"><span style="font-size: 16px;">The maintenance margin rate (MMR) is calculated based on the size of a user's position, rather than the leverage multiplier. This means the MMR is not affected by the leverage chosen. The system divides position sizes into multiple tiers according to the Future's base risk limit and incremental thresholds. Each tier corresponds to a different MMR: the larger the position, the higher the MMR. Details on the MMR and risk limit tiers for each Perpetual Futures can be found under <strong>Futures Overview</strong> → <strong>Information</strong> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/risk_limit?symbol=BTC_USDT&type=linear_swap&utm_source=mexc&utm_medium=newfuturesheader&utm_campaign=risk_limit">Risk Limits</a></strong>.</span></div><div class="ace-line ace-line old-record-id-EKhMdcLAVo0Wn2xk7iTu3VtmsZ3"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Js8zdQ84HoN6q6xYMhGuLOFfscd"><span style="font-size: 16px;"><strong>Example:</strong> If User A's MMR is 1% and they use 100 USDT as margin, 1 USDT will be locked. When the unrealized loss reaches 99 USDT, the position will be liquidated, rather than waiting until the full 100 USDT is lost. This mechanism helps the platform manage risk more effectively.</span></div><div class="ace-line ace-line old-record-id-JVJodhLqqozrhCxTDWyugmeOsAc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WkLadWqV6odFp6xj61ru93X2std"><span style="font-size: 16px;"><strong>Note:</strong> In cases of abnormal price fluctuations or extreme market conditions, the system may take additional measures to maintain market stability, including but not limited to:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-FGLkdfgcdoY7vyxU8qEuWdAtsMe" data-list="bullet"><div><span style="font-size: 16px;">Adjusting the maximum leverage for Futures</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-S4Lcd24jDoD9qCxPoomutvGgsxB" data-list="bullet"><div><span style="font-size: 16px;">Adjusting position limits across different tiers</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Yg5rd9uVEoglddx09W9uwxhTsQb" data-list="bullet"><div><span style="font-size: 16px;">Adjusting the MMR across different tiers</span></div></li></ul><div class="ace-line ace-line old-record-id-Mdiqd7etpoFKPMxwQD2uPhUys7f"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UszDdQVFpo1TpWxtZNwucywCsrb"><strong>6. Liquidation Price Calculation</strong></h2><div class="ace-line ace-line old-record-id-Vh4CdjXcso2JERx9432u0h2hs7c"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KXDddbF8KoaUkyxj2TXuoRUWsAh"><span style="font-size: 16px;">6.1 Calculation of Liquidation Price in Isolated Margin Mode</span></h3><div class="ace-line ace-line old-record-id-FNfTdKKqwofM8Xx1BAtuhXBZsQd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XtzwdcOIKos5I6xcXrvuHc2Tsqg"><span style="font-size: 16px;"><strong>Liquidation condition: </strong>A position will be liquidated when the Position Margin + Unrealized PNL ≤ Maintenance Margin + Liquidation Fee. </span></div><div class="ace-line ace-line old-record-id-J2kgd4ZSAoYb2uxf3FYuyesLscb"><span style="font-size: 16px;">In other words, liquidation is triggered when the maintenance margin rate (MMR) = 100%, and the liquidation price can be derived from this condition. (For simplicity, the following example ignores the liquidation fee.)</span></div><div class="ace-line ace-line old-record-id-Jg9Xd0l0eoXsdTx1czvuTI4HsJe"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;;text-align:left" class="ace-line ace-line old-record-id-MZ9zdnEJao2cfTxvdpPuiprws7b"><span style="font-size: 16px;"><strong>Long position:</strong> Liquidation Price = (Maintenance Margin – Position Margin + Average Entry Price × Cont. × Size) / (Cont. × Size)</span></div><div style="white-space:pre;;text-align:left" class="ace-line ace-line old-record-id-VkobdfdXeoBNpcxempJuBsxHsJe"><span style="font-size: 16px;"><strong>Short position:</strong> Liquidation Price = (Average Entry Price × Cont. × Size – Maintenance Margin + Position Margin) / (Cont. × Size)</span></div><div class="ace-line ace-line old-record-id-N1Hodfk94ordW9xgZLfu6VEwsHc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DBBFdjAsuoXUalxpq2du1wGLs3f"><span style="font-size: 16px;"><strong>Example: </strong>A user buys 10,000 cont. of BTCUSDT Perpetual Futures at an Average Entry Price of 8,000 USDT with 25x leverage, opening a long position. (Assume the 10,000 cont. fall under the first risk tier with a maintenance margin rate of 0.5%.)</span></div><div class="ace-line ace-line old-record-id-ZTEadurSqoGxHaxkGNKulq5Ysjc"><span style="font-size: 16px;"><br></span></div><div style="text-align:left" class="ace-line ace-line old-record-id-PxnydOj20oNBatxQoOuuRC0tsSe"><span style="font-size: 16px;">Maintenance Margin = 8,000 × 10,000 × 0.0001 × 0.5% = 40 USDT</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-XZtOddFhroElptx0XKyuRA2bshg"><span style="font-size: 16px;">Position Margin = (8,000 × 10,000 × 0.0001) / 25 = 320 USDT</span></div><div class="ace-line ace-line old-record-id-QVihdIZLyouRgbxIdXmukzZLsNg"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-RiCqdVBucozTvaxXGLDu4zuNsKc"><span style="font-size: 16px;">Liquidation Price for the long position: (40 – 320 + 8,000 × 10,000 × 0.0001) / (10,000 × 0.0001) = 7,720 USDT</span></div><div class="ace-line ace-line old-record-id-BoEXd6999oeyLUxzCvNuWIKRsYg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Bz5LdsvaNov8emxcpYmuIK1dsab"><span style="font-size: 16px;">In isolated margin mode, users can manually add margin to increase the buffer between the liquidation price and the entry price, thereby lowering the risk of liquidation. When the risk level of a position is high, adding extra margin is an effective way to reduce exposure.</span></div><div class="ace-line ace-line old-record-id-D6Q9dWrbPoF8oixoXNQur5klsIf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ISa0dEK91ooLbqxwyBUuR7UbsOg"><span style="font-size: 16px;">6.2 Calculation of Liquidation Price in Cross Margin Mode</span></h3><div class="ace-line ace-line old-record-id-SqjHdJnAXob2vVxrPXduFsU8s2Y"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EK1Kd0Mc2oNfzUxtpQAuV8bEsbh"><span style="font-size: 16px;"><strong>Liquidation condition: </strong>A position will be liquidated when the equity in cross margin mode (excluding isolated margin, isolated Unrealized PNL, and all order margins) ≤ Cross Margin Maintenance Margin + Liquidation Fee. In other words, liquidation is triggered when the maintenance margin rate (MMR) = 100%, and the liquidation price can be derived from this condition. (For simplicity, the following example ignores the liquidation fee.)</span></div><div class="ace-line ace-line old-record-id-NW99dZDpHocA7Gx5Xy7uVVJHsNb"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-KMMCddlpJoYl3dx0JWXuXE1Zs9b"><span style="font-size: 16px;"><strong>Formula:</strong> Liquidation Price = (Average Short Entry Price × Short Position Cont. × Size – Average Long Entry Price × Long Position Cont. × Size – Cross Margin Maintenance Margin + (Wallet Balance – Isolated Position Margin – Order Margin + Unrealized PNL of other cross margin positions)) / (Short Position Cont. × Size – Long Position Cont. × Size)</span></div><div class="ace-line ace-line old-record-id-QwUhdfiEro0hQAxML0GuuFRWs5d"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-Fk6bdSzVoodrMexfDTxu0PMLske"><span style="font-size: 16px;"><strong>Example:</strong> A user buys 10,000 cont. of BTCUSDT Perpetual Futures at an Average Entry Price of 8,000 USDT with 25x leverage, using 500 USDT wallet balance. The user holds only this single long cross margin position, with no isolated positions and no active open orders. (Assume the 10,000 cont. fall under the first risk tier with a maintenance margin rate of 0.5%.)</span></div><div class="ace-line ace-line old-record-id-WDwgdd521oMa6Ox8hIeuiP9UsXg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CYs4d732WonkkMxQVKVu5jmWsTh"><span style="font-size: 16px;">Cross Margin Maintenance Margin = 8,000 × 10,000 × 0.0001 × 0.5% = 40 USDT</span></div><div class="ace-line ace-line old-record-id-KzwPdpGaao2latxU3AvuztNnskd"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-ADpsdIMiloXerBxPBvGuHYa4stc"><span style="font-size: 16px;">Liquidation Price: (0 × 0 × 0.0001 – 8,000 × 10,000 × 0.0001 – 40 + (500 – 0 – 0 + 0)) / (0 × 0.0001 – 10,000 × 0.0001) = 7,540 USDT</span></div><div class="ace-line ace-line old-record-id-VTmed2KDCoSjLixLm5wuoCR1syc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-B3cfddNvzoOhCYxE1P2uZPR0sqb"><span style="font-size: 16px;">Unlike isolated margin mode, the liquidation price in cross margin mode may change at any time, since the margin is constantly affected by positions in other trading pairs. In cross margin mode, each position has its own independent initial margin, but the margin pool is shared. The unrealized PNL of every position impacts the overall cross margin account balance. Moreover, if a user holds both long and short cross margin positions under the same Future, the liquidation price will be the same for both directions.</span></div><div class="ace-line ace-line old-record-id-NopRdP6ycovf9YxKlzeuxHvmsbb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-IpbIdo112om8S9xmQmFuAmSSsnO"><strong>7. Is the Liquidation Price the Same as the Takeover Price?</strong></h2><div class="ace-line ace-line old-record-id-Xk27dH967oAxeAx3cUuuIhqDsEf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-K4OIdtuWJoOXmbxc3mgu6Lwfs1g"><span style="font-size: 16px;">The liquidation price is not the same as the takeover price. The liquidation price is only a trigger point. Once liquidation occurs, the liquidation engine will take over the user's position at the takeover price. In position history and "Share My PNL" page, the average close price shown is the takeover price.</span></div><div class="ace-line ace-line old-record-id-HkZJdxPfhoVTFUxtfCruHSwusrv"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QFEndkIcWonit0xIllTucxvdsLK"><span style="font-size: 16px;">The takeover price, also known as the bankruptcy price, refers to the price at which all the margin in the position has been completely lost. It represents the theoretical point where the account balance would be reduced to zero. In practice, this rarely occurs, because once the liquidation price is reached, the platform automatically liquidates the position to protect market liquidity.</span></div><div class="ace-line ace-line old-record-id-KZpsdSW4UoioLBxJXC9uphQKshg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"b9c16eb2-96a2-4443-b0f6-1511a594242b","height":823,"width":1459,"currHeight":823,"currWidth":1459,"natrualHeight":823,"natrualWidth":1459,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FWjvZbGniHoujILxft5kuIJ5ls7b%2F%3Fpreview_type%3D16","file_token":"WjvZbGniHoujILxft5kuIJ5ls7b","image_type":"image/png","size":435825,"comments":[]}]}" class="image-uploaded gallery old-record-id-DAX2dDjCto4DZwxUKGfucdPJs4g"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174213677jMhxEZlzoaCWSp.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJXanZaYkduaUhvdWpJTHhmdDVrdUlKNWxzN2IiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiREFYMmREakN0bzREWnd4VUtHZnVjZFBKczRnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9XanZaYkduaUhvdWpJTHhmdDVrdUlKNWxzN2IvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/WjvZbGniHoujILxft5kuIJ5ls7b/?mount_node_token=DAX2dDjCto4DZwxUKGfucdPJs4g&mount_point=docx_image" data-width="1459" data-height="823" data-lark-image-uri="drivetoken://WjvZbGniHoujILxft5kuIJ5ls7b" data-lark-image-width="1459" data-lark-image-height="823" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-HURZd5AdDoP04BxBpTyu7tbpsEf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VVF6d4bPYo2VbNxBAEXuzvaKs6e"><span style="font-size: 16px;">Example: SOLUSDT Liquidated Position Order Details</span></div><div><table class="ace-table" data-ace-table-col-widths="94;56;107;118;118;100;100" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="94"><col width="56"><col width="107"><col width="118"><col width="118"><col width="100"><col width="100"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Dicad0L8AoYo05x3JriugJBKsZe"><span style="font-size: 16px;"><br></span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-WSHmdLZtGoaMhjxy93Lu2LMmsob"><span style="font-size: 16px;">Leverage</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Bes5dTKGCoB6unxGHhEuA1VFsHg"><span style="font-size: 16px;">Average Entry Price</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Kr4odePltoTAVVxlDO3ugVcjsge"><span style="font-size: 16px;">Position Margin</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Y1OydSGmCozUEtx5kwLuq5qOs5d"><span style="font-size: 16px;">Position Value</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PsP1dSukmo6j5lxIrj0u6l1nsMd"><span style="font-size: 16px;">Liquidation Price</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Q7y2dkyndo8GpRxXrkHuzzG0szb"><span style="font-size: 16px;">Bankruptcy Price</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-R4sEd2rxJosZzVxAUFauBtHKsEh"><span style="font-size: 16px;">Before Liquidation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-EJycdj5oYoKCogxaWdGunvDQs7g"><span style="font-size: 16px;">100x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BSJkdjIpxoo3mHxzS3huduA2sIe"><span style="font-size: 16px;">196.09 USDT</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-IzjKdmohuogClvxXRWRuZu6xsl1"><span style="font-size: 16px;">1.3726 USDT</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-XjxHddhVaobT4Ex9hkcuSc96sbf"><span style="font-size: 16px;">137.263 USDT</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Kz7IdYAVmoacABxAOQTueCVUsmb"><span style="font-size: 16px;">/</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NGxqd0Pn1oSlLkxgMZWu0Glnslc"><span style="font-size: 16px;">/</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-AivQd1s3xom5YkxY6UGuxZ6ts8g"><span style="font-size: 16px;">After Liquidation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VjjOdocbDo5nj1xjjTYuKe07sIh"><span style="font-size: 16px;">100x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-QMmQddv0CoOPF9xBHb4u1hkYsph"><span style="font-size: 16px;">/</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PcpNdEcMUoKXY4xVRtruEwyvsND"><span style="font-size: 16px;">/</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Ljp7dHL7Eom22YxXbcLuzdpSskf"><span style="font-size: 16px;">137.263 USDT</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DJXtdx1bmofPKVxc5yUuFFWHsNb"><span style="font-size: 16px;">194.59 USDT</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ErHZd70ZYo0O4DxHISFuTcGfsac"><span style="font-size: 16px;">194.14 USDT</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-HoPwdYx4ooqSTkx2iIyuOpHasCc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GxyvdXuU8oQd8SxKRIFuMCFKsTg"><span style="font-size: 16px;">When the market fair price reached the liquidation price of 194.59 USDT, the long SOLUSDT position was liquidated. This portion of the position was then taken over by the liquidation engine at the bankruptcy price of 194.14 USDT.</span></div><div class="ace-line ace-line old-record-id-doxussh1m2ujYqFGnOWZli1H4Ie"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OIgJd0vnnoKJebxeSvyursElsge"><span style="font-size: 16px;">7.1 Why Isn't the Takeover Price Shown on the Candlestick Chart?</span></h3><div class="ace-line ace-line old-record-id-PH7gdAtoioTXIrx4SGwuNrDesOc"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"215e5042-f029-4055-a0f1-debd96059ec2","height":352.24719101123594,"width":380,"currHeight":352.24719101123594,"currWidth":380,"natrualHeight":660,"natrualWidth":712,"pluginName":"imageUpload","scale":0.5337078651685393,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FPXTVbfBYco1PeixnCJpuIQYJsxc%2F%3Fpreview_type%3D16","file_token":"PXTVbfBYco1PeixnCJpuIQYJsxc","image_type":"image/png","size":147237,"comments":[]}]}" class="image-uploaded gallery old-record-id-SUnddjPoBo440RxC9z6uhFV2sif"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174211381LjXX8y99LszkGc.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJQWFRWYmZCWWNvMVBlaXhuQ0pwdUlRWUpzeGMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiU1VuZGRqUG9CbzQ0MFJ4Qzl6NnVoRlYyc2lmIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9QWFRWYmZCWWNvMVBlaXhuQ0pwdUlRWUpzeGMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/PXTVbfBYco1PeixnCJpuIQYJsxc/?mount_node_token=SUnddjPoBo440RxC9z6uhFV2sif&mount_point=docx_image" data-width="712" data-height="660" data-lark-image-uri="drivetoken://PXTVbfBYco1PeixnCJpuIQYJsxc" data-lark-image-width="712" data-lark-image-height="660" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 500px;"></div><div class="ace-line ace-line old-record-id-A01ndjTrfoOtB6xWD1kuEmo8s5f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Aq1Wd2KpboYcwGxVNjyuhKLksrd"><span style="font-size: 16px;">When the mark price reaches the liquidation price, the system will take over the position at the takeover price (bankruptcy price). Since the liquidation process does not go through the matching engine, the takeover price may not appear on the candlestick chart. After liquidation, any remaining margin is transferred to the insurance fund. If the position goes into negative equity, the insurance fund will cover the shortfall. This is one of MEXC's risk control measures designed to prevent the auto-deleveraging (ADL) mechanism from being triggered during extreme market volatility.</span></div><div class="ace-line ace-line old-record-id-ICJZdKxiFoaaA6xvx9UuFidHshf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusJUue9eTJVoqJaQmOt2nlxh"><strong>8. What Is the Relationship Between Leverage and Liquidation Price？</strong></h2><div class="ace-line ace-line old-record-id-BKiKdbX4Po4x0Uxc4dNu4t5usGd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-VEwodU8F5o7Ta4xs6DYu7FiFsKX"><span style="font-size: 16px;">8.1 Leverage Determines the Maximum Position Limit</span></h3><div class="ace-line ace-line old-record-id-EpL8dVRb7ohrC2xJ4cquu1iqsJc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IjdgdtGrioYbODxVsuzumbWIsxe"><span style="font-size: 16px;">Using the BTCUSDT Perpetual Futures contract as an example (the following data is for illustration only; please refer to the <a data-lark-is-custom="true" href="https://www.mexc.co/futures/information/risk_limit">Risk Limits</a> list for actual values):</span></div><div class="ace-line ace-line old-record-id-QimUdBOYHo5U86xLQVauJdhQsLc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DgOMdFfuKokO6UxO9yluXgOWsxv"><span style="font-size: 16px;">When a user sets leverage to 200x, this corresponds to Tier 1 in the risk limits list. At this tier, the user's maximum position quantity is 525,000 cont. (including both open positions and pending opening order quantities).</span></div><div class="ace-line ace-line old-record-id-RLkWdZVajof74KxBKVPuYQcas6f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MD6AdKqOloIvYZxDRzhuSbFCsof"><span style="font-size: 16px;">When a user sets leverage to 50x, this corresponds to Tier 4 in the risk limits list (47 < Leverage ≤ 58). At this tier, the user's maximum position quantity is 2,100,000 cont. (including both open positions and pending opening order quantities).</span></div><div><table class="ace-table" data-ace-table-col-widths="100;149;267;178" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="100"><col width="149"><col width="267"><col width="178"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Z2H1dW2xMoV7ubxFabquvbWYsGh"><strong style="font-size: 16px;">Tier</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NvutdPuFcoOvfextWXSucdm9sUc"><strong style="font-size: 16px;">Maximum Leverage</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-RpLZdNerQotqBfxWrt4umarMsrg"><strong style="font-size: 16px;">Position Size Range (Cont.)</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-QtNodJSa9ooe4pxPBdnuOZD1sjc"><strong style="font-size: 16px;">Maintenance Margin Rate</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-H0TzdYfQTo8zfCxp74yuzDKnszf"><span style="font-size: 16px;">1</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XxMddjpE3oCvVhxqHlhuQZt9s8e"><span style="font-size: 16px;">200x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BkPJdbLnZo23W5xF612uu38WsUs"><span style="font-size: 16px;">0~525,000</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VI7sds44Tot3n4xmLOvua67Bs0g"><span style="font-size: 16px;">0.40%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-WxUHdycPRoirEaxoZdKuMq4Qsoe"><span style="font-size: 16px;">2</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HFpHdKccxo4f5sxTFWCu8kz4sUe"><span style="font-size: 16px;">111x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-D18CdCnkroTERqxNCmquKxD2sdb"><span style="font-size: 16px;">525,000~1,050,000</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TgUfdb0LCoTVWixPIHQuzHgKszc"><span style="font-size: 16px;">0.80%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ny1FdjgGto3DQJxvvd7uAfFvszb"><span style="font-size: 16px;">3</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KqNHdSQnCo3FiUxUIqxu9pgisjb"><span style="font-size: 16px;">76x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-FE4IdcP6ZoAG00xbtWHuNt4Isfo"><span style="font-size: 16px;">1,050,000~1,575,000</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TGBEdKbFfoppISxN6xpuBcO1sCg"><span style="font-size: 16px;">1.20%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HduOd0XwCoTBHvx6ZgXu5k9dsVb"><span style="font-size: 16px;">4</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SkJKdB3Hwo5eUjxErdruyIp7sMc"><span style="font-size: 16px;">58x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JHh1dvgNGog9u0xhoAiu6GIVsyb"><span style="font-size: 16px;">1,575,000~2,100,000</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-CDyKd1a5eou9H8xH9NzunVaysVf"><span style="font-size: 16px;">1.60%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DlZ6dBKpgo8IQ0xEDlYuacDgsYf"><span style="font-size: 16px;">5</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I34jdxWikooRAHx5ovyuxP5nsfc"><span style="font-size: 16px;">47x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TIDIdYbDroVUgPxWDdcuvmbssgb"><span style="font-size: 16px;">2,100,000~2,625,000</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TYKedqhSHo1pJoxZor2uW0XYshd"><span style="font-size: 16px;">2.00%</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-KAyCdeCr6ocl4nxGVViuoreMsOg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XgGKdn3xgoSE1Zxe84KutEQfszh"><span style="font-size: 16px;">Assume the risk limit tiers for the BTCUSDT Perpetual Futures contract are as shown above (values are for illustration only; please refer to the <a data-lark-is-custom="true" href="https://www.mexc.co/futures/information/risk_limit">Risk Limits</a> list for each Future for the actual figures).</span></div><div class="ace-line ace-line old-record-id-OsOMdQtXMo9qdMxo5RvuZcAysCg"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-WAHXdz0Rjozq6QxzYGruIYAjsde" data-list="bullet"><div><span style="font-size: 16px;">In cross margin mode, the leverage only affects the amount of margin required and does not directly determine the liquidation price. The liquidation price in cross margin mode is determined by the account balance and the value of open positions.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-VehEdtUhVoMGCmxslfduGETVsVb" data-list="bullet"><div><span style="font-size: 16px;">In isolated margin mode, if the user does not adjust the margin after opening a position, higher leverage will cause the liquidation price to approach the entry price, increasing the risk of liquidation.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusNuoBSlKF93aChb2MRqUm6J"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusVh0kGpD1KHxnclqwsiw1jq"><span style="font-size: 16px;">In cross margin mode, here's how "effective leverage" works:</span></div><div class="ace-line ace-line old-record-id-K4U2dGJd9otVCHx5wuOuFD11s4c"><span style="font-size: 16px;">For example, suppose a user has 10 USDT in their account. In cross margin mode, if they select 10x leverage to open a position worth 10 USDT, the initial margin for that position would be calculated as follows:</span></div><div class="ace-line ace-line old-record-id-GUPndIV6PoKpexxYTtgu2Ym8sPe"><span style="font-size: 16px;">Initial Margin = Position Value / Leverage = 10 USDT / 10 = 1 USDT</span></div><div class="ace-line ace-line old-record-id-PBlJdrXxDo5LpkxT3dxuP9IMsKe"><span style="font-size: 16px;">This means 1 USDT from the user's account would be locked as margin, while the remaining 9 USDT would still be available for other positions.</span></div><div class="ace-line ace-line old-record-id-doxusF2rDGMPfo9hWTdYp3ZW7Uh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-As4TdMJdBo8AepxlIT3uy88ksVc"><span style="font-size: 16px;">Since the user is trading in cross margin mode, their entire account balance serves as available margin. This means all 10 USDT in their Futures account can be utilized for position risk management. Therefore, despite selecting 10x leverage, their effective leverage actually calculates to:</span></div><div class="ace-line ace-line old-record-id-KTzPdZAcFoFnsaxKJurudO20sPN"><span style="font-size: 16px;">Effective Leverage = Account Balance / Position Value = 10 USDT / 10 USDT = 1</span></div><div class="ace-line ace-line old-record-id-FxGXdOVyeo1JuDxF9KTumPsQsCd"><span style="font-size: 16px;">This demonstrates that in cross margin mode, leverage does not directly determine the liquidation price. Instead, the liquidation price depends primarily on the account's available margin and the value of the open positions.</span></div><div class="ace-line ace-line old-record-id-IWSid5AARoUxwtxEvBRurUcCsfc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ThLEdme3io05S6xVK1tumjjwsad"><span style="font-size: 16px;">8.2 Maintenance Margin Rate by Position Size Tier</span></h3><div class="ace-line ace-line old-record-id-UD13dHlQcoXE8RxaPjSu2JBUsIh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IR0KdbppYokZw7xDyA1ukdLjsfd"><span style="font-size: 16px;">User A buys 80,000 cont. in BTCUSDT Perpetual Futures at a price of 10,000 USDT with 50x leverage. At this point, the position size is 80,000 cont., which falls under Tier 1 in the Risk Limits list (position size range: 0-100,000 cont.). Therefore, the maintenance margin rate for this position is 0.5% under Tier 1.</span></div><div class="ace-line ace-line old-record-id-KZX9drNwMoQdj7xG79luQ8GFsQd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-K8iQdE3ztouV04xtyV1uBDZBsce"><span style="font-size: 16px;">Later, as the BTCUSDT price rises, User A increases the position by 40,000 cont., (bringing the total position size to 120,000 cont., which falls under Tier 2 in the Risk Limits list (position size range: 100,000-200,000 cont.). As a result, the maintenance margin rate rises to 1% under Tier 2.</span></div><div class="ace-line ace-line old-record-id-J6aadv9wfoeF5Vxm3zVu9AwrsGd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DflbdBElQoaJ23xcJz7uUrzQs6d"><span style="font-size: 16px;">At this stage, if the position reaches the liquidation threshold, liquidation will be triggered. Because the position is in a higher tier, tiered liquidation applies. The system will first liquidate 20,000 cont. (the portion in the current tier). After this partial liquidation, the position size decreases to 100,000 cont., moving it back to Tier 1, where the maintenance margin rate drops from 1% to 0.5%. The system will then reassess the remaining position: if it is still subject to liquidation, the remaining position will also be liquidated; if not, the remaining position will be retained.</span></div><div class="ace-line ace-line old-record-id-IDOLd1hsMoiJldxLVFeumc6Usrd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-W6aQd4EGKobVirx9kNqua1bTs0d"><strong>9. Why Is the Liquidation Position Value (in USDT) Different From the Initial Position Value?</strong></h2><div class="ace-line ace-line old-record-id-TjnNdAn4qoJeAoxBmEFulk5Usdh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JTQfdGxX2oViS7x6s3Budlzasfd"><span style="font-size: 16px;">When you set your contract unit to USDT, instead of quantity or cont., in USDT-Margined Futures Trading, the liquidated quantity shown in <strong>Position History</strong> may differ from your opening quantity. </span></div><div class="ace-line ace-line old-record-id-doxusS88qmFodKfEbA7jSAFZijd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusQ8lJ7mS1qlRZQYe7its02d"><span style="font-size: 16px;">This happens because while you hold the same number of tokens throughout, their value changes as prices fluctuate. Since liquidated amount (position value) is calculated by multiplying token quantity by the average execution price, the final liquidated amount will typically vary from your initial position size.</span></div><div class="ace-line ace-line old-record-id-WP0hdVEZ8o9ji7xrOHoumt2LsPf"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"68bad4bb-cbb5-4e46-8066-44665eb6128f","height":1336,"width":2874,"currHeight":1336,"currWidth":2874,"natrualHeight":1336,"natrualWidth":2874,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FSU5fbyvecoml7Jx5LSGuHqUzsxc%2F%3Fpreview_type%3D16","file_token":"SU5fbyvecoml7Jx5LSGuHqUzsxc","image_type":"image/png","size":661623,"comments":[]}]}" class="image-uploaded gallery old-record-id-ISoMdJSgZoSoAExybFbuovj5sTc"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174215831XxJkRH2oAmnkH9.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJTVTVmYnl2ZWNvbWw3Sng1TFNHdUhxVXpzeGMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiSVNvTWRKU2dab1NvQUV4eWJGYnVvdmo1c1RjIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9TVTVmYnl2ZWNvbWw3Sng1TFNHdUhxVXpzeGMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/SU5fbyvecoml7Jx5LSGuHqUzsxc/?mount_node_token=ISoMdJSgZoSoAExybFbuovj5sTc&mount_point=docx_image" data-width="2874" data-height="1336" data-lark-image-uri="drivetoken://SU5fbyvecoml7Jx5LSGuHqUzsxc" data-lark-image-width="2874" data-lark-image-height="1336" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-VWOcdTYTRo7Te8xPOqXu1Nljs81"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-XaNydXJiqomvlNxn5vsupGEosJf"><strong>10. How to Avoid Liquidation</strong></h2><div class="ace-line ace-line old-record-id-YAABdAxJyoTYAKxx3kxu5tE3sPc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BB51dhWQfo5hENxWk7LuSLoBs0g"><span style="font-size: 16px;">Before engaging in Futures trading, it is important to set realistic investment expectations and implement proper risk management, given the high volatility of Futures markets. This way, even if the market experiences sharp fluctuations, your losses can remain within a controllable range. For more details on preventing liquidation, please refer to: <a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791516472">How to Prevent Liquidation in Futures Trading.</a></span></div><div class="ace-line ace-line old-record-id-ZMbwdCYfRoGasXx2tzmueqsesue"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AsyGdKPvzow6vRxSY6ruWPXAsMc"><span style="font-size: 16px;">10.1 Add Margin or Reduce Leverage</span></h3><div class="ace-line ace-line old-record-id-SCAKdFNkeornfQxJj57uCR9Csvh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AfgUdtaDSoOVW9xQs1furnM6sMc"><span style="font-size: 16px;">You can reduce the risk of liquidation by adding additional margin or lowering your opening leverage. This increases the distance between the liquidation price and the market price, making liquidation less likely.</span></div><div class="ace-line ace-line old-record-id-TPIkdZ3rxoylgNxJoUYuy0kasZE"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BLvKds3oAoRupex5itfulzlWsfh"><span style="font-size: 16px;">10.2 Set Stop-Loss Orders</span></h3><div class="ace-line ace-line old-record-id-BCr7dETcCovR5wx0Iq2ufbHUsNH"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XW0qduFpfoQ1Tkx7TFxuZu5bsHc"><span style="font-size: 16px;">Setting a stop-loss price is one of the most effective ways to avoid liquidation. It helps you limit losses and reduce the risk of your position being liquidated.</span></div><div class="ace-line ace-line old-record-id-XVXIdJiYmoIFkPxgupmu940Wsyh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GQrMdnVcIoAH8rxZhxnuBKoqspg"><span style="font-size: 16px;">Note that stop-loss or take-profit orders may fail to execute due to extreme market volatility or insufficient position size to close. If triggered successfully, the order will be executed as a market order. However, because market orders are affected by volatility, the actual fill price may differ from the stop-loss price you set.</span></div><div class="ace-line ace-line old-record-id-NPxJdVnkBox8kDx1uRXuvEvcsjf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ShHYdxLgHoWG8CxHxmnu2S1qswc"><span style="font-size: 16px;">10.3 Set Liquidation Alerts</span></h3><div class="ace-line ace-line old-record-id-MxcrdptkOofAHYx73lcugF5vsQh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QLq1dTQrVod7T7x2KgZuWGEns6e"><span style="font-size: 16px;">In the Preferences section of the Futures trading page, you can enable Liquidation Alerts and set a margin rate threshold. When the maintenance margin rate of a position reaches or exceeds the threshold you set, MEXC will issue an alert. Each position can receive at most one alert every 30 minutes.</span></div><div class="ace-line ace-line old-record-id-MpYudK3o9opzhSx8KatuGmN9slm"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"82c7f17b-849e-4d89-8771-b19d30d048aa","height":1470,"width":2934,"currHeight":1470,"currWidth":2934,"natrualHeight":1470,"natrualWidth":2934,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FQCBQbbtDjo8dJfxFW80urrzdsMe%2F%3Fpreview_type%3D16","file_token":"QCBQbbtDjo8dJfxFW80urrzdsMe","image_type":"image/png","size":703648,"comments":[]}]}" class="image-uploaded gallery old-record-id-DwZhdS46zoASIzxv4souO1zPsCD"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174211290qiscVIh4ey5vxA.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJRQ0JRYmJ0RGpvOGRKZnhGVzgwdXJyemRzTWUiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiRHdaaGRTNDZ6b0FTSXp4djRzb3VPMXpQc0NEIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9RQ0JRYmJ0RGpvOGRKZnhGVzgwdXJyemRzTWUvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/QCBQbbtDjo8dJfxFW80urrzdsMe/?mount_node_token=DwZhdS46zoASIzxv4souO1zPsCD&mount_point=docx_image" data-width="2934" data-height="1470" data-lark-image-uri="drivetoken://QCBQbbtDjo8dJfxFW80urrzdsMe" data-lark-image-width="2934" data-lark-image-height="1470" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-I34odhzqAoWfGKxJywiuDZ0vs1d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-S90udxIj9ogLxexhFlvunrzWsZb"><br></div></div>

<div data-page-id="MUagdgcA1oz88WxtrSDuI5tvs6f" data-lark-html-role="root" data-docx-has-block-data="false"><h2 class="heading-2 ace-line old-record-id-doxusktAGBZ2vSCsjq8YZKEqYQg"><strong>1. Feature </strong></h2><div class="ace-line ace-line old-record-id-doxusqoxSDcv1UDBrfFAauKmgCf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ZqsCdTYcuoNJJix338fut29WsPc"><span style="font-size: 16px;">1.1 What is the feature for opening futures positions using spot and Flexible Savings assets?</span></h3><div class="ace-line ace-line old-record-id-doxusobG44RhHFHKhJdt0v6ZP4c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ULZqdAPCdok8G6x25aIucSqFsee"><span style="font-size: 16px;">This feature is a fund management tool introduced by MEXC. When the available balance in your Futures account is not sufficient to open a position, the system can automatically use assets from your Spot account or Flexible Savings account to cover the required margin and execute the order.</span></div><div class="ace-line ace-line old-record-id-NkMNd1xdjoJhc4xQdjIutXdvsnd"><span style="font-size: 16px;">The purpose of this feature is to simplify fund allocation and improve efficiency when trading Futures. At present, only Flexible Savings assets can be used to open Futures positions on the web platform. Support for using spot assets and the mobile app will be available soon.</span></div><div class="ace-line ace-line old-record-id-doxussJiN63mXDoyAMRtCrgYBHf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Cc3cdIMGtonC35xwADWucgrQsld"><span style="font-size: 16px;">1.2 Is there an extra fee for using this feature?</span></h3><div class="ace-line ace-line old-record-id-doxuslgBnLF0b63js0yvKkKxuce"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CqFLdfQy7ovhabxrd9PuhmL4sPh"><span style="font-size: 16px;">No. There are no additional fees for using this feature.</span></div><div class="ace-line ace-line old-record-id-doxustJOReS4kJ8KVhvWGRbCqzb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-XjhwdL9bwoGk35xqakRudsFzsPg"><strong>2. Assets</strong></h2><div class="ace-line ace-line old-record-id-doxusxaMgDRjrrH0kPioZZD2GGD"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-JCwld9fGhoP7TYxPJCZu0HGWsId"><span style="font-size: 16px;">2.1 Why does my available balance not increase immediately after selecting spot or Flexible Savings assets?</span></h3><div class="ace-line ace-line old-record-id-doxusCknjNHEGNWrqYnYYZO2F5d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LjeOdtZfdoFWTXx2pCbuKMjvsCg"><span style="font-size: 16px;">In cross margin mode, unrealized losses from existing positions may occupy available funds. After selecting Spot or Flexible Savings assets, the additional funds are first used to offset this occupied margin. As a result, the available balance may not increase, or the increase may be smaller than the selected amount.</span></div><div class="ace-line ace-line old-record-id-doxuscT3FB9Zj1umg5kjQqxaNFd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-MbW0dGw5OozctrxfjBauLA65sFd"><span style="font-size: 16px;">2.2 If liquidation occurs, will my spot or Flexible Savings assets be affected?</span></h3><div class="ace-line ace-line old-record-id-doxusfHOizpJjNAoWXB4kcFK1ud"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IvUJd0ITWop3ifxOXUruvg63sKg"><span style="font-size: 16px;">No. This feature is only used as a funding source when opening positions or adding margin. Futures liquidation does not affect your Spot assets or Flexible Savings assets. This means that even if liquidation occurs, assets held in your Spot account and Flexible Savings account remain safe.</span></div><div class="ace-line ace-line old-record-id-doxus2AmR5HyFzGzoF47LLLMGec"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-LwyFdRw4MoUtHMxTCoAuBxCNsyA"><span style="font-size: 16px;">2.3 What happens if my Spot or Flexible Savings balance is not enough?</span></h3><div class="ace-line ace-line old-record-id-doxuszTfeM7beSNtHSvVKrsuM5c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PinBd46qwoHVvGxRHOEuNtpNs4f"><span style="font-size: 16px;">If the selected account does not have enough available assets to fully cover the required margin, or if the assets do not meet redemption or transfer conditions, the order may fail. In this case, the system will display an error message. You are advised to check the asset status of each account and make adjustments as needed.</span></div><div class="ace-line ace-line old-record-id-Z0tYdKil1oACH8xcz6budtLYsVb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GiFSdGeutoiyp3xu0BHuW4Vos3e"><strong>3. Opening Futures Positions </strong></h2><div class="ace-line ace-line old-record-id-doxusG1s2zvqF2OfWXOLUGinDDC"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RaBidkqCNoOJ2yxj4G9uERxis7f"><span style="font-size: 16px;">3.1 How do I enable the use of Spot and Flexible Savings assets for Futures trading?</span></h3><div class="ace-line ace-line old-record-id-doxusSAreqh52jQMq6pgqckCvUg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MLWFdbvRBoq0gexbLlSuhufysTh"><span style="font-size: 16px;">After entering the MEXC Futures trading page, click <strong>Available</strong> in the order section and select the accounts you want to use as funding sources, including your Spot account and Flexible Savings account. Once selected, the system will automatically draw assets from these accounts when additional funds are required to place an order.</span></div><div class="ace-line ace-line old-record-id-doxusuenmxFdmBhhwTRMxELuvUe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AQrZdRcW3oDlpNxgEKCufhQEspg"><span style="font-size: 16px;">3.2 Do trigger orders and trailing stop orders support this feature?</span></h3><div class="ace-line ace-line old-record-id-doxus2WeRsL55UHXLK913c5Dpyc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G7eudf1gGoQIUjx08OuukoE5sxh"><span style="font-size: 16px;">No. Trigger orders and trailing stop orders do not currently support this feature. If you use these order types, you must ensure that your Futures account has sufficient available funds, or manually transfer assets before placing the order.</span></div><div class="ace-line ace-line old-record-id-doxus5yJIz0eFRnadhMGeGNqN40"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YEhfdY4BZoAqwBxucj9umGUasBe"><span style="font-size: 16px;">3.3 Can this feature be used in multi-asset margin mode?</span></h3><div class="ace-line ace-line old-record-id-doxus3Kok1DR3CRaVmOTwEmOVkb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NR0WdZ0onog1k9xofIBuxGtXsiZ"><span style="font-size: 16px;">No. This feature is not supported in multi-asset mode. If multi-asset margin mode is currently enabled, you must switch to another margin mode before using this feature.</span></div><div class="ace-line ace-line old-record-id-doxusYQF78Z4ZNfsI95kWc6VuEb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-DF2BdZwi0oAEd8xrQgNulKnKsP4"><strong>4. Handling Order Failures</strong></h2><div class="ace-line ace-line old-record-id-doxus2w9OQORepjX98MGh0qkvIf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-NTKCdzeqkoekXDxk7wwuMkiKsAf"><span style="font-size: 16px;">4.1 If an order fails, will redeemed or transferred assets be returned automatically?</span></h3><div class="ace-line ace-line old-record-id-doxus4XvcJ7daLqMzAIpOJ3qKqg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-B1dqdk2hRo5OMsxRoc5ubuQdsnd"><span style="font-size: 16px;">No. If an order fails, the system will not automatically return redeemed or transferred assets to your Spot account, nor will it restake Flexible Savings assets. After an order failure, you should go to the <strong>Assets</strong> page to check your fund distribution and manually handle the funds if necessary, such as re-staking to Flexible Savings or transferring assets back to the original account.</span></div><div class="ace-line ace-line old-record-id-doxusQDE4U5oTLMkVT9g5C8aHrq"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EgFBdmwkwoLedGxuM07uDK2Ns6d"><span style="font-size: 16px;">4.2 Why can an order still fail after selecting spot or Flexible Savings assets?</span></h3><div class="ace-line ace-line old-record-id-doxus5Jh2HtcnQiQF68o8XfxkUb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-E7LRdK7lUoNNAoxDqSDu5jIfsRe"><span style="font-size: 16px;">Orders may fail for several reasons. Common causes include assets in the Spot or Flexible Savings account not meeting redemption or transfer conditions, transfer limits being reached, system processing issues, or increased order costs caused by market volatility. If an order fails, you are advised to check the asset status and account limits, or contact MEXC Customer Service for assistance.</span></div><div class="ace-line ace-line old-record-id-doxusN0o4zGcdL7Gkpu5Tql1Spg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-NWqRdM6YwowK6txx7jSujIWpsOb"><span style="font-size: 16px;">4.3 What happens if redemption or transfer fails during order placement?</span></h3><div class="ace-line ace-line old-record-id-doxusylNZlgHQUZWvi7TCpVMUkb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PKvgd9jUXovKDOxBOsfutOvdsPe"><span style="font-size: 16px;">If redemption or transfer fails during the order process, the order cannot be successfully submitted. The system will display an error message. Common reasons include insufficient balance, locked assets, or exceeded transfer limits.</span></div><div class="ace-line ace-line old-record-id-doxusFp1NitMwXY4eu4w0THX9Kh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-XWgIdcGfxocQL4xPfDiuS5Kdsze"><strong>5. Using Spot and Flexible Savings Assets to Add Margin in Isolated Mode</strong></h2><div class="ace-line ace-line old-record-id-doxusqgHUYu2dXTOYTvmBGw4PPg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-L9nEdCeyXoybsrxAHnfu90u3ste"><span style="font-size: 16px;">5.1 Can I use Spot or Flexible Savings assets to add margin to isolated positions?</span></h3><div class="ace-line ace-line old-record-id-doxus1Sl8osPTJDheOVDZCzsWif"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RaXAdIxiToZ8Ijxk9cUuwQONsnF"><span style="font-size: 16px;">Yes. In addition to opening positions, this feature also supports adding margin to isolated margin positions. When you need to add margin to an isolated position, you can select your Spot or Flexible Savings account as the funding source. The system will automatically complete redemption and transfer.</span></div><div class="ace-line ace-line old-record-id-doxusxLZiSfeZbntuEMdPDWbrFc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UpgcdNlGUoWg6Cx6ObOu4NUuszb"><span style="font-size: 16px;">5.2 How do I add margin using Spot or Flexible Savings assets?</span></h3><div class="ace-line ace-line old-record-id-doxusF3RHznp9FnmNh0Q37wvcPo"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-F5PwdXYlMoDgRMxQaj0uqIN5s2e"><span style="font-size: 16px;">In the position list, select the isolated position you want to adjust and click the pencil icon next to <strong>Margin</strong>. In the <strong>Modify Margin</strong> window, click <strong>Max Addable</strong>, then select your Spot account or Flexible Savings account. Enter the margin amount you want to add and confirm. The system will complete the process automatically.</span></div><div class="ace-line ace-line old-record-id-doxuswLJmV6gRL9SMAd0T9WBozg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-W04NdYfHooTkuWxRJ3puKfDMsyB"><strong>6. Usage Recommendations</strong></h2><div class="heading-3 ace-line old-record-id-doxushlowW0yJOATtESLnaT2aRb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Y2PrdxPajoeBwvxgfEouS6PNs4b"><span style="font-size: 16px;">6.1 Who is this feature suitable for?</span></h3><div class="ace-line ace-line old-record-id-doxusPIvkN1nbZf6ACCEhCMc2Od"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VKXddb0MKoiIvExZNmvu0uVKsdc"><span style="font-size: 16px;">This feature is well suited for users who prefer to keep funds in their Spot or Flexible Savings accounts to earn interest, while still being able to respond quickly when trading opportunities arise. It is especially useful for users who frequently transfer funds between accounts or regularly add margin to isolated positions.</span></div><div class="ace-line ace-line old-record-id-doxuseF747kUp7R5ywA0uPy83mg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AnUxdpiLQoTyELxhkL7uDrWIskc"><span style="font-size: 16px;">6.2 What should I be aware of before using this feature?</span></h3><div class="ace-line ace-line old-record-id-doxusHIN70iIo6mp8hcNEsESgFf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IQ3jdSu28oOLPyxWF33ugszXshb"><span style="font-size: 16px;">Before using this feature, you should confirm that assets in your Spot and Flexible Savings accounts meet redemption and transfer requirements, understand any applicable limits, make sure multi-asset margin mode is not enabled, and confirm that you are not using trigger or trailing stop orders. Fully understanding the rules of this feature can help you avoid order failures.</span></div><div class="ace-line ace-line old-record-id-doxusgBGSSxEZg7xb5EiDinuu4g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CmBHdBb3SoLSAqxbKUmusYnYsBc"><span style="font-size: 16px;"><strong>Disclaimer:</strong> Crypto asset prices are highly volatile, and futures trading carries high risk. This content is provided solely for feature instructions and frequently asked questions and does not constitute investment advice. Please proceed with caution after fully understanding the relevant risks.</span></div><div class="ace-line ace-line old-record-id-EtS9dGpuVodBKExPiy5u4ixSs5e"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Rdekd0BgUo7k4SxvoBlupTnEsjO"><span style="font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-QH32d5Qr2ovgVCxaWJkuJKszsLe" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791533579" style="font-size: 16px;">How to Open Futures Positions Using Spot and Flexible Savings Assets </a></div></li></ul></div>

<div data-page-id="ENnLdUyskoNNTWxxBHyunHs4sM1" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-doxusFa4P7xUrqfO4b3H5QTmtAh"><span style="font-family: arial, helvetica, sans-serif;"><strong>Key Points</strong></span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-SObJdj2g7oiueIxZYTPu2FsGsid" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Copy Trade is an investment method that allows users to replicate the trades of experienced traders, making it suitable for beginners with little or no trading experience.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-PsyHdmAvmoB7Iqxo6iiu8VF4sDe" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">When selecting a trader, focus on long-term stable performance rather than short-term high returns.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-XTiadIX5yoJc73xAp7ruKlKpsgg" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Key evaluation metrics include Return on Investment (ROI), PNL, win rate, trading frequency, and number of Followers.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-FOsMdMvBRo78Ktxh032ujI23s5N" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC offers two selection methods: AI recommendations and manual filtering, helping you find the most suitable traders.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ZuJYd1sPLowpVsxn73fuO2mjs0d" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Please note that past performance does not guarantee future results. It is recommended to allocate funds prudently and set take-profit and stop-loss levels.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxus26JKI6a0W22tTg3FegGSMh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vf6qdlkLYoE2jpx7dpiuEjaosUh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Copy Trade allows users to follow and replicate the trades of experienced Traders, copying each of their trading actions. Choosing the right Trader is critical to achieving long-term success.</span></div><div class="ace-line ace-line old-record-id-doxusAXbOfYXh2wpSExuX8NgHed"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-AXs0dL5XsoZA4Cxq6YVu0zNvsfd"><span style="font-family: arial, helvetica, sans-serif;"><strong>1. How to Evaluate Whether a Trader Is Right for You</strong></span></h2><div class="ace-line ace-line old-record-id-doxus2CeRudXzNQ1Hz1TE3WSDYb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ObAodAKXpooYQNxbGvjuag6gsbb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">1.1 Long-Term vs Short-Term Performance</span></h3><div class="ace-line ace-line old-record-id-QFTsdFpDPoKceVxO86PuH61esZf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QsS7dBnrYooCyzxCxTsuCLNVsda"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Many beginners are drawn to high returns, short-term gains are often driven by luck or unusual market conditions and do not reflect a trader’s true ability.</span></div><div class="ace-line ace-line old-record-id-CXsddNmCYoXzOex0icPuhBmIsmh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">When evaluating a Trader, review both short-term and long-term performance. A Trader whose 7-day results are good and whose 180-day performance remains stable is generally more reliable.</span></div><div class="ace-line ace-line old-record-id-I0JPdg8eTofdDvxYmTDuUoNqsc3"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC provides the following metrics for reference:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-NCwGdQurWoRaTpxrDYSuG8mLs1d" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><strong>PNL</strong><strong>:</strong> The Trader's actual profit</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-F0Iod3xzAoCePOxQQITuH9NFs2c" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><strong>ROI:</strong> Percentage return on invested funds</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-L4A8dXe1XoOSbuxrcg8uNDYxsof" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><strong>Win </strong><strong>R</strong><strong>ate:</strong> Percentage of profitable trades</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusNiX1euDDO92Ej6Uq0Mq36g"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ULCkdHYPOoWgJqxRGXYuxT11sJH"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">1.2 Trading Style and Risk Preference</span></h3><div class="ace-line ace-line old-record-id-doxus5SOgaVYaEz524CFXvNJ4rh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EgrFdBiEOonDdmxOpGAuvBL2s7d"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Each Trader has a different trading style. You should choose a Trader whose approach matches your own preferences. On the <a data-lark-is-custom="true" href="https://www.mexc.co/futures/copyTrade/leader/13D599E">Trader Details</a> page, focus on the following indicators.</span></div><div class="ace-line ace-line old-record-id-XPv1dgGvcovuPFxOEdMuUoKts0e"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IsXVdvWonoAMivxpbF9uDUMksyh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Trading frequency shows how often a Trader places orders each week.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-E42kdKVowoTabtxWpjVuIeXLskh" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">High-frequency Traders trade more often and focus on short-term strategies.</span></div></li><li class="ace-line ace-line old-record-id-UdGyd8SEkoM2lrxf7bDuGLMpsXn" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Low-frequency Traders trade less often and usually hold positions for a longer period.</span></div></li></ul><div class="ace-line ace-line old-record-id-PmDzdN8lToDnepxdXXSuubbls3E"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-C8bAd6dwDosRXcx3P6AuyveYsgc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">If you prefer fewer changes in your account, a low-frequency Trader may be more suitable. If you prefer faster capital turnover, a high-frequency Trader may be a better choice.</span></div><div class="ace-line ace-line old-record-id-GzBgdpmI4oHfAixpeGhuRGFdsu2"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XClndQWgXoL0Spx7o1WuDRRzsEh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">PNL performance should also be considered. Do not rely on the win rate alone. Pay attention to how much a Trader earns on profitable trades and how much they lose on losing trades. Over time, a Trader with lower losses and higher average profits may perform better even if their win rate is lower.</span></div><div class="ace-line ace-line old-record-id-doxusrMaf6o0NmvvgMl2Qvg16ug"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"5c6fc85d-c603-4709-913e-00113796e31b","height":1448,"width":2418,"currHeight":1448,"currWidth":2418,"natrualHeight":1448,"natrualWidth":2418,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FHw8fbp4DUoWL1fxSoNNuMP3TstP%2F%3Fpreview_type%3D16","file_token":"Hw8fbp4DUoWL1fxSoNNuMP3TstP","image_type":"image/png","size":428316,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusv0chLh4cOOsufFGTlIxXgb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103015542HCHjqplEmIkdxR.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJIdzhmYnA0RFVvV0wxZnhTb05OdU1QM1RzdFAiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXN2MGNoTGg0Y09Pc3VmRkdUbEl4WGdiIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9IdzhmYnA0RFVvV0wxZnhTb05OdU1QM1RzdFAvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/Hw8fbp4DUoWL1fxSoNNuMP3TstP/?mount_node_token=doxusv0chLh4cOOsufFGTlIxXgb&mount_point=docx_image" data-width="2418" data-height="1448" data-lark-image-uri="drivetoken://Hw8fbp4DUoWL1fxSoNNuMP3TstP" data-lark-image-width="2418" data-lark-image-height="1448" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusQ0BGnhiZXtFGsaHIKCkgvf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BUEEdEL7HoZiEQxchP6ubR1TsDd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Trading frequency: Refers to the average number of trades a Copy Trade Trader executes per week within a given period. Some Traders prefer short-term, high-frequency trading, while others focus on medium- to long-term strategies. You should choose a trading style and investment approach that matches your own risk tolerance.</span></div><div class="ace-line ace-line old-record-id-doxusqU362uarvSTNtM15d3vSPb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QCxxdgQbdozJE9xbROhuPxCUsDc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Profit-loss ratio: Refers to the ratio of total profits to total losses. It is important to note that a high win rate does not necessarily indicate stronger profitability. If a Copy Trade Trader earns small profits per trade but incurs large losses, that Trader may not be suitable for your needs.</span></div><div class="ace-line ace-line old-record-id-doxusgQt0NWOwMHtPbxVle0Iiid"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Tgf0dzpcYowRa4xUq4LuOqqdsRZ"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Note: Total win rate = number of profitable closed trades / total number of closed trades × 100%</span></div><div class="ace-line ace-line old-record-id-doxusm0NJYBGlntJgFCpxRqzaoc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-QPpTduXqqoQJslx5frqucfrvsbc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">1.3 Rankings and Number of Followers</span></h3><div class="ace-line ace-line old-record-id-doxusqksSMFHBGVCUYNMyTQXa1d"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LAy6dH0NpoJxXTxXO0xuVAvssqf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC ranks Traders based on multiple factors, including ROI, win rate, PNL, and number of Followers. In general, Traders with more Followers are considered more reliable, as their performance has been validated by more users through actual Copy Trade activity.</span></div><div class="ace-line ace-line old-record-id-doxusLxGK6SFjr4qwMWCziqTWZf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"637f71ef-295b-41a2-ae3a-d621c2f61e5c","height":1188,"width":2464,"currHeight":1188,"currWidth":2464,"natrualHeight":1188,"natrualWidth":2464,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FC43mbDTZxopulExG4RsupAvGsad%2F%3Fpreview_type%3D16","file_token":"C43mbDTZxopulExG4RsupAvGsad","image_type":"image/png","size":398369,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxus8txA7LdLdJt2vAkJiYdpZd"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202601041030154363fRDzT9zGLILAU.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJDNDNtYkRUWnhvcHVsRXhHNFJzdXBBdkdzYWQiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXM4dHhBN0xkTGRKdDJ2QWtKaVlkcFpkIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9DNDNtYkRUWnhvcHVsRXhHNFJzdXBBdkdzYWQvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/C43mbDTZxopulExG4RsupAvGsad/?mount_node_token=doxus8txA7LdLdJt2vAkJiYdpZd&mount_point=docx_image" data-width="2464" data-height="1188" data-lark-image-uri="drivetoken://C43mbDTZxopulExG4RsupAvGsad" data-lark-image-width="2464" data-lark-image-height="1188" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxust7z1pVtZxjBY1ASzk9N1TW"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AxBkdEDjLoTpXDxJ2epuI7FGsyd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">However, past performance does not guarantee future results. Even when choosing a high-performing Trader, it is recommended to allocate funds reasonably and set take-profit and stop-loss levels to manage risk effectively.</span></div><div class="ace-line ace-line old-record-id-doxushs8vwRJoFC1Q3wqhoCj4DE"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WfLZdmSTyoiPWjxa9rQue7iLsFh"><span style="font-family: arial, helvetica, sans-serif;"><strong>2. How to Choose a Trader</strong></span></h2><div class="ace-line ace-line old-record-id-doxusAIdr4dtBvYpxADUfrpDmMh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BEfLd3Pb1o5euyx12KjuA1bPsub"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Open the MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/">website</a> and log in to your account. In the top navigation bar, click Futures, then select <a data-lark-is-custom="true" href="https://www.mexc.com/futures/copyTrade/home">Copy Trade</a> to enter the Copy Trade page.</span></div><div class="ace-line ace-line old-record-id-doxusLR3SA419DkFvRhRlrAlD1b"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxustBijeRaVjtJF4QPiCNYn9e"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">*BTN-Copy Trade&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/copyTrade/home">https://www.mexc.com/futures/copyTrade/home</a>* </span></div><div class="ace-line ace-line old-record-id-doxusmdEMOzPZIfBdqwHMxgsojp"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"a096ce32-bf9c-47de-94d8-fd08c4164cac","height":1370,"width":2930,"currHeight":1370,"currWidth":2930,"natrualHeight":1370,"natrualWidth":2930,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FJV8fbH3rooSrTWxhjPMuPA0BsPb%2F%3Fpreview_type%3D16","file_token":"JV8fbH3rooSrTWxhjPMuPA0BsPb","image_type":"image/png","size":559666,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusOOyouj4Hoh2TtlhKq2rrQg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103015685lNOedLF2aGevXS.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJKVjhmYkgzcm9vU3JUV3hoalBNdVBBMEJzUGIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNPT3lvdWo0SG9oMlR0bGhLcTJyclFnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9KVjhmYkgzcm9vU3JUV3hoalBNdVBBMEJzUGIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/JV8fbH3rooSrTWxhjPMuPA0BsPb/?mount_node_token=doxusOOyouj4Hoh2TtlhKq2rrQg&mount_point=docx_image" data-width="2930" data-height="1370" data-lark-image-uri="drivetoken://JV8fbH3rooSrTWxhjPMuPA0BsPb" data-lark-image-width="2930" data-lark-image-height="1370" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusiLNgk47wSPFf13o6iYjjie"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-PB2GdSGTaoUfc7xR5ZcuCZZzspd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">2.1 AI Recommendations (Suitable for Beginners)</span></h3><div class="ace-line ace-line old-record-id-doxusQuGpftgLdSmH7aWolf28ng"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FR5IdxfPLoi8mMxqmNVuEuejsuc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">If you are unsure how to choose a Trader, you can let the system assist you. On the Copy Trade page, enable AI Recommendations. The system will automatically match suitable Traders based on your trading preferences. If you are not satisfied with the results, click <strong>Refresh</strong> to generate a new set of recommendations.</span></div><div class="ace-line ace-line old-record-id-GseJdJlhDoLQ8axZXZ1uTTgnsgf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"39dfd2b7-2aa4-4261-a30d-15e37a711da0","height":888,"width":2398,"currHeight":888,"currWidth":2398,"natrualHeight":888,"natrualWidth":2398,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FP0dtbjnsHoYsrFxkUJ5u3RQqsbg%2F%3Fpreview_type%3D16","file_token":"P0dtbjnsHoYsrFxkUJ5u3RQqsbg","image_type":"image/png","size":318255,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxuscLxCg8vwbUdffylkJOeitb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103016059oqAz78sXHLzbuC.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJQMGR0Ympuc0hvWXNyRnhrVUo1dTNSUXFzYmciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNjTHhDZzh2d2JVZGZmeWxrSk9laXRiIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9QMGR0Ympuc0hvWXNyRnhrVUo1dTNSUXFzYmcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/P0dtbjnsHoYsrFxkUJ5u3RQqsbg/?mount_node_token=doxuscLxCg8vwbUdffylkJOeitb&mount_point=docx_image" data-width="2398" data-height="888" data-lark-image-uri="drivetoken://P0dtbjnsHoYsrFxkUJ5u3RQqsbg" data-lark-image-width="2398" data-lark-image-height="888" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxus10k3IEPIMFAc3wuRYitorg"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CZODdp31nobdSBxqu7Lukd8CsnH"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">You can also turn off AI Recommendations and use preference filters instead. Select your desired criteria and click Match Again. The system will recommend Traders that meet your conditions. If the results are still not satisfactory, you can click Refresh to rematch.</span></div><div class="ace-line ace-line old-record-id-doxussAP6fVpjtfWTiiv0z8VgOb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"f49aed5e-3015-4ce9-ac3c-70c3fe1317d5","height":884,"width":2378,"currHeight":884,"currWidth":2378,"natrualHeight":884,"natrualWidth":2378,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FIkqgbqmbboYMY7xvAG8u1ciisdf%2F%3Fpreview_type%3D16","file_token":"IkqgbqmbboYMY7xvAG8u1ciisdf","image_type":"image/png","size":332239,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxus4OZkIqcS3PmKc8VQZl9Nnb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103015729ldXx3KmqiHEgkP.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJJa3FnYnFtYmJvWU1ZN3h2QUc4dTFjaWlzZGYiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXM0T1prSXFjUzNQbUtjOFZRWmw5Tm5iIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9Ja3FnYnFtYmJvWU1ZN3h2QUc4dTFjaWlzZGYvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/IkqgbqmbboYMY7xvAG8u1ciisdf/?mount_node_token=doxus4OZkIqcS3PmKc8VQZl9Nnb&mount_point=docx_image" data-width="2378" data-height="884" data-lark-image-uri="drivetoken://IkqgbqmbboYMY7xvAG8u1ciisdf" data-lark-image-width="2378" data-lark-image-height="884" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxuslTHjjHK3DURZohhdEiIeBg"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Vb9IdYkW8oEzXSxj3y5uSu46sxh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">2.2 Manual Filtering: For Users With Clear Preferences</span></h3><div class="ace-line ace-line old-record-id-doxuszsUz3mMAGgvkwobeOn47Gb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DNgYdalwpoI8TRxMvo5uJrWgsnb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">If you have specific requirements for a Trader, you can use manual filtering to make your selection.</span></div><div class="ace-line ace-line old-record-id-doxuslIWQdtk5TO2dyAmWqWkj5g"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BrDvdgFEso9NWax1cEauqmiWsJf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Scroll down on the <a data-lark-is-custom="true" href="https://www.mexc.com/futures/copyTrade/home">Copy Trade</a> page and choose either Top Traders or All Traders. You can filter and sort Traders by criteria such as higher ROI, higher PNL, or number of Followers.</span></div><div class="ace-line ace-line old-record-id-doxusd1fZgLDpKJDRbqpxyA0hoc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"357b21a6-d9f3-4d4a-8c38-07eb7719a4a0","height":1238,"width":2534,"currHeight":1238,"currWidth":2534,"natrualHeight":1238,"natrualWidth":2534,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FBHEabbUSCoLWzpxX55iuA9JbsFg%2F%3Fpreview_type%3D16","file_token":"BHEabbUSCoLWzpxX55iuA9JbsFg","image_type":"image/png","size":494483,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusfJCMaF9JfmpRGNxSZGmKrg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103016646CuGji0JT5HIB2y.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJCSEVhYmJVU0NvTFd6cHhYNTVpdUE5SmJzRmciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNmSkNNYUY5SmZtcFJHTnhTWkdtS3JnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9CSEVhYmJVU0NvTFd6cHhYNTVpdUE5SmJzRmcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/BHEabbUSCoLWzpxX55iuA9JbsFg/?mount_node_token=doxusfJCMaF9JfmpRGNxSZGmKrg&mount_point=docx_image" data-width="2534" data-height="1238" data-lark-image-uri="drivetoken://BHEabbUSCoLWzpxX55iuA9JbsFg" data-lark-image-width="2534" data-lark-image-height="1238" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusb7L5x4f6yLFTq1cWHjZ7Yf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JtZBdJW33om8PpxvezKu0DH0s1g"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">On each Copy Trade Trader card, you can view key information, including ROI, PNL, win rate, supported Copy Trade pairs, trading frequency, profit-sharing ratio, and number of Followers.</span></div><div class="ace-line ace-line old-record-id-doxusd1O3iWTaKmxbJKJpBJOPBf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IpZrdzf4foKDWLxhFz7ujLvHsbf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Tip: Click the <strong>☆</strong> icon on a Trader card to add the Trader to your watchlist for easier review and comparison later.</span></div><div class="ace-line ace-line old-record-id-doxusbhG6PrF5OfmQ0d0MkZe0b8"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"ae6cbf39-6687-48ed-8822-bf31a2b582c0","height":1392,"width":2516,"currHeight":1392,"currWidth":2516,"natrualHeight":1392,"natrualWidth":2516,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FXieBb4ReFok7WBx4ziFu6PsHsXd%2F%3Fpreview_type%3D16","file_token":"XieBb4ReFok7WBx4ziFu6PsHsXd","image_type":"image/png","size":479836,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusbXFt2LAmvhf6W2hMGSqn8g"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103015217Ly4TDf0BQWKKxU.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJYaWVCYjRSZUZvazdXQng0emlGdTZQc0hzWGQiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNiWEZ0MkxBbXZoZjZXMmhNR1NxbjhnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9YaWVCYjRSZUZvazdXQng0emlGdTZQc0hzWGQvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/XieBb4ReFok7WBx4ziFu6PsHsXd/?mount_node_token=doxusbXFt2LAmvhf6W2hMGSqn8g&mount_point=docx_image" data-width="2516" data-height="1392" data-lark-image-uri="drivetoken://XieBb4ReFok7WBx4ziFu6PsHsXd" data-lark-image-width="2516" data-lark-image-height="1392" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusX57yrA9T8SfV9uvc7qZbEf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OOQIdMcXso0WmxxMT7TuCuNEsth"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Click a Trader card to enter the Trader Details page, where you can view more comprehensive information, including copy performance, cumulative PNL, daily trading performance, follower PNL, Futures preferences, trading pairs, and average holding duration.</span></div><div class="ace-line ace-line old-record-id-doxusjhc6iN4bpW4l1E4hxtlTwf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Tb9Rd9cyIoc2pfxtNfOuuEbLsyb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">You can also review detailed copy data, including records of active and historical copy trades, to better understand the Trader's trading behavior.</span></div><div class="ace-line ace-line old-record-id-doxusuuV6ER4gbW80bfVrYKYOQG"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"2a5f96b8-eacc-4078-a282-2b10f3d71517","height":1356,"width":2462,"currHeight":1356,"currWidth":2462,"natrualHeight":1356,"natrualWidth":2462,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FIrkibEY7IoAHR4xibWTuBmFZsZg%2F%3Fpreview_type%3D16","file_token":"IrkibEY7IoAHR4xibWTuBmFZsZg","image_type":"image/png","size":390384,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusBm9XNcw3rOhrW2t6l5gxae"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103014726kZWoGVcUGwxMnG.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJJcmtpYkVZN0lvQUhSNHhpYldUdUJtRlpzWmciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNCbTlYTmN3M3JPaHJXMnQ2bDVneGFlIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9JcmtpYkVZN0lvQUhSNHhpYldUdUJtRlpzWmcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/IrkibEY7IoAHR4xibWTuBmFZsZg/?mount_node_token=doxusBm9XNcw3rOhrW2t6l5gxae&mount_point=docx_image" data-width="2462" data-height="1356" data-lark-image-uri="drivetoken://IrkibEY7IoAHR4xibWTuBmFZsZg" data-lark-image-width="2462" data-lark-image-height="1356" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusr6b6MlcGzWrxfpATKNbiqg"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EslUdGQO2oTMqSxwkZCupIjFsHe"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">If you are undecided between multiple Traders, you can use the comparison feature. On the Trader Details page, click the <strong>VS</strong> button to enter the Trader <a data-lark-is-custom="true" href="https://www.mexc.com/futures/copyTrade/leaderVS">comparison</a> page. After adding multiple Traders, the system will compare them based on basic information and trading data.</span></div><div class="ace-line ace-line old-record-id-doxusHwsuYb4Q5vLajh3wV1WQtd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DswQd04cNoxNaKxzFfBudRMOs6d"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">After selecting <strong>Highlight Best Performances</strong>, the comparison table will highlight the best-performing data, allowing you to identify differences more easily.</span></div><div class="ace-line ace-line old-record-id-doxus2oXBIBPONmvTgW6giqMeyd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusRVS2K4XSbk7KkHjqZb4Rvd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">*BTN-Trader Comparison&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/copyTrade/leaderVS">https://www.mexc.com/futures/copyTrade/leaderVS</a>* </span></div><div class="ace-line ace-line old-record-id-doxus5889ftFyiwf9qL2UalDpxe"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"6c12b5a4-cc83-4fd0-9401-0fe0743036e3","height":1416,"width":2502,"currHeight":1416,"currWidth":2502,"natrualHeight":1416,"natrualWidth":2502,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FJCmrbJUiooGorXxqsJuuOGJ2sHf%2F%3Fpreview_type%3D16","file_token":"JCmrbJUiooGorXxqsJuuOGJ2sHf","image_type":"image/png","size":375018,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusfJGxGy34wQu6W4kvWzArMd"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202601041030163668QBYUDbtDhZdB2.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJKQ21yYkpVaW9vR29yWHhxc0p1dU9HSjJzSGYiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNmSkd4R3kzNHdRdTZXNGt2V3pBck1kIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9KQ21yYkpVaW9vR29yWHhxc0p1dU9HSjJzSGYvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/JCmrbJUiooGorXxqsJuuOGJ2sHf/?mount_node_token=doxusfJGxGy34wQu6W4kvWzArMd&mount_point=docx_image" data-width="2502" data-height="1416" data-lark-image-uri="drivetoken://JCmrbJUiooGorXxqsJuuOGJ2sHf" data-lark-image-width="2502" data-lark-image-height="1416" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusWajDEPzu0F7RDPm0JWJ4Re"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SpAHdtjBVo4lrRxsgcnuyqpRsne"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Click the <strong>Copy Trade</strong> button on the Trader card you have selected and set your copy trading parameters to start Copy Trade. Enter the copy trading amount and account stop-loss. For advanced settings, click <strong>More Settings</strong>.</span></div><div class="ace-line ace-line old-record-id-doxusgsKpJ2WXPjpgH2kEnmGGIe"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TqdDdy4TFotxFWxf1ZguBInqsOz"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">If the Trader you selected has reached the maximum number of Followers, you can click <strong>Copy Trade</strong> and enable slot reminders. Once enabled, you will receive push notifications and in-app messages when a follower slot becomes available.</span></div><div class="ace-line ace-line old-record-id-doxusa2n3EGAABgH3f7TyLAAlwh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"b37590c9-72f7-471e-9c62-8e03301df17e","height":616,"width":1280,"currHeight":616,"currWidth":1280,"natrualHeight":616,"natrualWidth":1280,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FA6ZhbNpdIoRvk1xa8DsuOH5Ysmh%2F%3Fpreview_type%3D16","file_token":"A6ZhbNpdIoRvk1xa8DsuOH5Ysmh","image_type":"image/png","size":234581,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxuseAvN9L39DxuUHdQ92QeW8b"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103015212z1iNCGhRtS1umM.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJBNlpoYk5wZElvUnZrMXhhOERzdU9INVlzbWgiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNlQXZOOUwzOUR4dVVIZFE5MlFlVzhiIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9BNlpoYk5wZElvUnZrMXhhOERzdU9INVlzbWgvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/A6ZhbNpdIoRvk1xa8DsuOH5Ysmh/?mount_node_token=doxuseAvN9L39DxuUHdQ92QeW8b&mount_point=docx_image" data-width="1280" data-height="616" data-lark-image-uri="drivetoken://A6ZhbNpdIoRvk1xa8DsuOH5Ysmh" data-lark-image-width="1280" data-lark-image-height="616" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusy7wiIQ57zUbzpzR2qljecc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YY9DdFLsto8mLpxmenWuFh2SsHe"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-SIbSdXXmQoxWAExWurPu3nqysWb" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/mexc-copy-trading-tutorial-app/1" style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC Copy Trading Tutorial (App)</a></div></li><li class="ace-line ace-line old-record-id-WhL0dkdkio77PoxVe46uyzP4stg" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/mexc-copy-trade-tutorial-website/1" data-lark-is-custom="true" style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC Copy Trade Tutorial (Website)</a></div></li><li class="ace-line ace-line old-record-id-R84LdcOY7oHUmfxHuqPusKKrssv" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/what-is-mexc-ai-model-copy-trade-/1" data-lark-is-custom="true" style="font-family: arial, helvetica, sans-serif; font-size: 16px;">What Is MEXC AI Model Copy Trade?</a></div></li><li class="ace-line ace-line old-record-id-RowkdxzdJoAioPxZMwXuv0oVsab" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/mexc-copy-trade-terms-explained/1" data-lark-is-custom="true" style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC Copy Trade Terms Explained</a></div></li></ul><div class="ace-line ace-line old-record-id-NtXvdAkCxowNjXxx7sVuH2k2sCd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusS04ebiGtcfpVJLxpZ9QXpe"><span style="font-family: arial, helvetica, sans-serif;"><br></span></div></div>

<div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">1. What is self-trade prevention (STP)?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Self-Trade Prevention (STP) is a trading mechanism designed to prevent buy and sell orders from the same user (or different accounts belonging to the same entity) from unintentionally matching with each other in the trading system. The STP mechanism is especially important for maintaining a fair and transparent trading environment, helping to prevent market price manipulation and ensuring that trading activity accurately reflects genuine market interest.</span></span></div><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">MEXC's Self-Trade Prevention (STP) mechanism is used to prevent orders from the same user or users within the same "tradeGroupId" from matching with each other.</span></span></div><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">2. What is self-trading?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Possible situations where self-trading can occur:</span></span></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">1) Trades between orders from the same account.</span></span></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">2) Trades between different sub-accounts under the same main account.</span></span></div><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">3. What happens when STP is triggered?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">When an order triggers the self-trade prevention mechanism, the system may apply one of the following four modes:</span></span></div><div><br /></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">1) NONE Mode: </strong>The order is not affected by the STP mechanism. The system does not check the account or tradeGroupId, and the trade executes normally.</span></span></div><div><br /></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">2) CANCEL_TAKER Mode: </strong>The remaining quantity of the taker order is immediately canceled to prevent the trade from executing.</span></span></div><div><br /></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">3) CANCEL_MAKER Mode: </strong>The remaining quantity of the maker order is immediately canceled to prevent the trade from executing.</span></span></div><div><br /></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">4) CANCEL_BOTH Mode: </strong>The remaining quantities of both the taker and maker orders are simultaneously canceled to prevent the trade from executing.</span></span></div><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">4. How to set the STP Mode for an order</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">STP mode can be set using the stpMode parameter in the following API calls:</span></span></div><ul start="1" style="list-style-type:disc"><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">POST /api/v3/order</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">POST /api/v3/batchOrders</span></span></div></li></ul><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">5. What is "tradeGroupId"?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Accounts sharing the same tradeGroupId are treated as belonging to the same trading group. Orders submitted by members of the same trading group may trigger STP depending on the taker order's STP mode.</span></span></div><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">6. Which trading pairs support STP?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">All trading pairs.</span></span></div><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">7. Which order types Support STP?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Only the following order types support STP:</span></span></div><ul start="1" style="list-style-type:disc"><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">LIMIT orders</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">MARKET orders</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">LIMIT_MAKER (post-only) orders</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">IMMEDIATE_OR_CANCEL (IOC) orders</span></span></div></li></ul><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Note: STP is not effective when the type is set to FOK (Fill-Or-Kill).</span></span></div><div><br /></div></div>

<div data-page-id="Fw5rdbnwQoBSe0xHvs1udT3Dslc" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-doxuszSFbTFIg1E0FF33KDsNQSb"><span style="font-size: 16px;">In cryptocurrency futures trading, some users may encounter situations where an order is automatically canceled after being placed. In most cases, this is related to Time in Force (TIF) settings. This guide provides a comprehensive explanation of Time in Force in Futures trading, helping you understand how different TIF options work and how to use them effectively to improve execution efficiency.</span></div><div class="ace-line ace-line old-record-id-doxusfA85bHjp9eauq9GgTW1L1c"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GkCtd6KngoGKjnxb68yuSMJQsUD"><strong>1. What Is Time in Force (TIF) in Futures Trading?</strong></h2><div class="ace-line ace-line old-record-id-doxusVvNqOTXvQPa9sJH7Qs1BEZ"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VzspdetIdowxR4xRmogupjceswf"><span style="font-size: 16px;">Time in Force (TIF) defines the period during which an order remains active before it is executed or automatically canceled. Simply put, it determines how long your order can remain "active" in the order book.</span></div><div class="ace-line ace-line old-record-id-doxusxD8ZzLeOZClvfe8k0J3jSe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusYvksp2dxtI2EUnehSrSY5g"><span style="font-size: 16px;">Understanding TIF is essential because choosing the right setting can significantly improve order execution, help you avoid missing ideal entry opportunities, and better manage risk exposure by preventing orders from being triggered unexpectedly during periods of high market volatility.</span></div><div class="ace-line ace-line old-record-id-SgZidL6QpogJMlxvS9Uu9ikUst7"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XPCSdJWlzoTvx0x5U0dutw50sqh"><span style="font-size: 16px;">On the MEXC Futures trading platform, there are six order types available: limit, market, chase limit, trigger, trailing stop, and post only orders. Among these, limit orders, market orders, and trigger orders support Time in Force settings.</span></div><div class="ace-line ace-line old-record-id-doxusrQboENRMOsVa81J129OJKg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxus9mFwz9e2WB8pYsqJFVimsf"><span style="font-size: 16px;">*BTN-<strong>Trade Futures</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">https://www.mexc.com/futures/BTC_USDT</a>*</span></div><div class="ace-line ace-line old-record-id-doxus4ATHGHuNbxDFK5HjNoAIYc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-YeAtdoTKioFwHoxtNZEuxIyYsdb"><strong>2. Time in Force Options by Order Type</strong></h2><div class="ace-line ace-line old-record-id-doxusNfwpYo9Nh1Ky75MEcrvSTf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YRuAd9rTpoCrB7x3uFkusCpusee"><span style="font-size: 16px;">2.1 Time in Force for Limit Orders</span></h3><div class="ace-line ace-line old-record-id-doxusrG6nqvoQpWZvbT1tB8Atbd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ve1ZdT0nCorbirxCFRvu5uQXsUg"><span style="font-size: 16px;">Limit orders are the most commonly used order type in Futures trading. MEXC offers three Time in Force options for limit orders:</span></div><div class="ace-line ace-line old-record-id-Wl5SdPbFEo0mIoxQzyruMAMusvg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LGAkdW61SoYyiJx6w1JuCxTCs2e"><span style="font-size: 16px;"><strong>GTC (Good-</strong><strong>Till-</strong><strong>Canceled)</strong></span></div><div class="ace-line ace-line old-record-id-doxusPuRJZeEAdTM59GvVvRLdtg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ybt5dLWNsoMdrMxRkbTuhSHusDg"><span style="font-size: 16px;">A GTC order remains active until it is fully filled or manually canceled by the user. The system will not cancel the order due to time constraints. This option is suitable for traders who are not in a rush to enter a position and are willing to wait for their target price. It is commonly used in swing trading strategies or passive order placement.</span></div><div class="ace-line ace-line old-record-id-doxuskkOz226Lof23lQOBcbF1ic"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LQ12dA8CEoP2vnx25rcublSDsEc"><span style="font-size: 16px;">Example: If the current BTC price is 100,000 USDT and you believe 90,000 USDT is an ideal entry price, you can place a GTC limit buy order at 90,000 USDT. Even if the price does not reach this level immediately, the order will remain active until it is filled or canceled.</span></div><div class="ace-line ace-line old-record-id-doxusd5BRMOj7O6Ms0uBAVsYHhg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H1GKdx9u5oatLnx80MbuadYrszb"><strong style="font-size: 16px;">IOC (Immediate-Or-Cancel)</strong></div><div class="ace-line ace-line old-record-id-doxusbcI3hP8AsNjYGzDoJeWA2d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BeAydV1i9o62hgxloyduGkwisDg"><span style="font-size: 16px;">An IOC order requires the system to attempt immediate execution at the specified price. Any portion that can be filled immediately will be executed, while the unfilled portion will be automatically canceled.</span></div><div class="ace-line ace-line old-record-id-doxusYrvSxDZm0kbwJj313z6J3c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YKnSd7fLmoo9RlxXGBMuYKNnsCb"><span style="font-size: 16px;">Example: You place an order to buy 10 cont. Of BTCUSD at $91,000, but only 6 cont. are available at that price. With IOC, the system will immediately fill the 6 cont. and cancel the remaining 4 cont. This option is suitable for high-frequency trading or large orders where partial immediate execution is acceptable.</span></div><div class="ace-line ace-line old-record-id-doxush9e10DTp5BzRFIKbU6T0zc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DsY8d2QqLoEIWex1ZoMu0CDFs2f"><strong style="font-size: 16px;">FOK (Fill-Or-Kill)</strong></div><div class="ace-line ace-line old-record-id-doxus9YaMMEq7CneCbgWwk4nFme"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JlT6dufTQoHg9jxVDtiuFJGfsmc"><span style="font-size: 16px;">An FOK order must be filled in its entirety immediately. If the market does not have sufficient depth to fill the full order at once, the entire order will be canceled without any execution.</span></div><div class="ace-line ace-line old-record-id-doxusAQz0FnqqSLCj283DWuJJiS"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vtm1dnsgUoMrQbxPO16uti41sUb"><span style="font-size: 16px;">Example: You attempt to buy 10 cont. of BTCUSD Futures at $91,000, but only 8 cont. are available. Since the full quantity cannot be filled, the system will cancel the entire order. This option is ideal for large trades, arbitrage, or hedging strategies where execution certainty and price consistency are critical.</span></div><div class="ace-line ace-line old-record-id-doxus1pO2GefQjMTIRqTk5NInyh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-E1xldjLWhojRLZxXcFYuWGX7sZb"><span style="font-size: 16px;">2.2 Time in Force for Market Orders</span></h3><div class="ace-line ace-line old-record-id-doxusSwOurXMfgkkD3oFN6wmk1g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CWiZdTdoPoMxStxmBUpuL0R1syb"><span style="font-size: 16px;">Market orders prioritize fast execution but may be subject to slippage during volatile market conditions. To balance execution speed and price control, MEXC provides Market-to-Limit (MTL) orders.</span></div><div class="ace-line ace-line old-record-id-doxusfneCEvO0NehwGLhx92sq6g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Zqgad7I8xozlQ1xsbqjuIcAGs8g"><span style="font-size: 16px;">An MTL order is first submitted as a market order and executes immediately at the best available price. If the order is only partially filled, the remaining portion is automatically converted into a limit order at the average execution price and placed in the order book.</span></div><div class="ace-line ace-line old-record-id-doxus9no5PuH79W7BfeNog9bPec"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FzMidsVgeoexj3x5NfsutKnksMh"><span style="font-size: 16px;">Example: If the BTC market price is $91,000 and you place an MTL order for 10 cont. of BTCUSD, the system may immediately fill 7 cont. at market price. The remaining 3 cont. will then be placed as a limit order at $91,000, waiting for further execution. This mechanism helps reduce the risk of the entire order being executed at unfavorable prices during sharp market movements.</span></div><div class="ace-line ace-line old-record-id-doxusNvRHHSGIgtyfH1e4wUQmNc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-HxiEd2MLgo4GxJxvM1BuZFXNsXA"><span style="font-size: 16px;">2.3 Time in Force for Trigger Orders</span></h3><div class="ace-line ace-line old-record-id-doxusEhAMatpNEGTYKpeMPnxtWe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WBdkdYFxCoY7TQxW0J4u4fuFsYf"><span style="font-size: 16px;">Trigger orders are conditional orders that are submitted only when a predefined price condition is met. MEXC offers three validity time options for trigger orders:</span></div><div class="ace-line ace-line old-record-id-doxusPAv0V35EgsZUnoCmEPVKRc"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-GK8ldy9mDo5CHvxbykEuIi93shh" data-list="bullet"><div><span style="font-size: 16px;">24-hour: Suitable for short-term traders tracking intraday price movements and breakout opportunities.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-FSqrdtoIcow5KzxucF1uF93jszc" data-list="bullet"><div><span style="font-size: 16px;">7-day: Ideal for swing trading or event-driven strategies, such as positioning ahead of major economic announcements.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-GZJ5dWXMxoFOA7x4D7Zup5XxsZc" data-list="bullet"><div><span style="font-size: 16px;">Long-term: Designed for trend-following strategies or gradual position building. Orders remain valid until triggered or manually canceled.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxustk60jUThqK2vobELwmvBgg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YI4tdciNxokNZSx4mBpuOCi4sxb"><span style="font-size: 16px;">Note that trigger orders are submitted as market or limit orders only after the trigger condition is met. Setting an appropriate validity period helps prevent forgotten orders from being triggered unexpectedly.</span></div><div class="ace-line ace-line old-record-id-doxus3A48PfwO7gyPo40WTnyQAf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-R8Nod4ZABoLzIcx4Lv7udDKNsr6"><span style="font-size: 16px;">2.4 How to Set Time in Force</span></h3><div class="ace-line ace-line old-record-id-doxusKpNEDEKt1qBrLaBX0D67Tg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LAr4d4g8YoTCCSxSweduv92Gsde"><span style="font-size: 16px;">On the MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures trading</a> page, select your desired order type (Limit, Market, or Trigger) in the order placement panel. The Time in Force options can be found above the <strong>Open Long</strong> and <strong>Open Short</strong> buttons, where you can choose the setting that best fits your trading strategy.</span></div><div class="ace-line ace-line old-record-id-doxuslxClI8KK5fcLPjhOIbtzwe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"e6768e5d-73c1-49a3-8df5-250cde5853d0","height":1460,"width":2932,"currHeight":1460,"currWidth":2932,"natrualHeight":1460,"natrualWidth":2932,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FYLZybcn3ooGT4JxGXaduhYMXs0b%2F%3Fpreview_type%3D16","file_token":"YLZybcn3ooGT4JxGXaduhYMXs0b","image_type":"image/png","size":669199,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusxUW7VlcINNEeg4G1bCD1Cg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216124744005SRlenzboi8Mc8f.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJZTFp5YmNuM29vR1Q0SnhHWGFkdWhZTVhzMGIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXN4VVc3VmxjSU5ORWVnNEcxYkNEMUNnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9ZTFp5YmNuM29vR1Q0SnhHWGFkdWhZTVhzMGIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/YLZybcn3ooGT4JxGXaduhYMXs0b/?mount_node_token=doxusxUW7VlcINNEeg4G1bCD1Cg&mount_point=docx_image" data-width="2932" data-height="1460" data-lark-image-uri="drivetoken://YLZybcn3ooGT4JxGXaduhYMXs0b" data-lark-image-width="2932" data-lark-image-height="1460" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusFuYyEhDaLGsfjFjeA1yuLo"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-DCZodS7GDot9rsxECQQustAUsbh"><strong>3. Why Time in Force Matters</strong></h2><div class="ace-line ace-line old-record-id-doxusKPZ3wlAv4fXyy7vJcOuHld"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FO1JdUyNeoZg1wxmqybuuB2lsZd"><span style="font-size: 16px;">Setting Time in Force correctly is critical for Futures traders for several reasons:</span></div><div class="ace-line ace-line old-record-id-OQnjdrHNPowkfRxpdwoualIbsFh"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-VD1wd2nBmotnqPxs4UdulCnus6d" data-list="bullet"><div><span style="font-size: 16px;"><strong>Improved execution efficiency</strong>: Ensures your order remains active within your intended time window, reducing missed opportunities.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Y2e7dezUsoVqLBxSTEzu6d16sFb" data-list="bullet"><div><span style="font-size: 16px;"><strong>Avoid forgotten orders</strong>: Shorter validity periods such as 24 hours or 7 days help prevent outdated orders from being filled after market reversals.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IqA7dN2Eeo17m8x4s55uAGQXsmd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Precise strategy execution</strong>: Options like GTC, IOC, and FOK support different risk management needs, whether you prioritize immediacy or full execution.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-HiqjdNEV3ooPVrx59PvutTaFsTd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Better risk control</strong>: Prevents orders from remaining in the market too long, reducing the risk of unintended fills during extreme volatility.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusbfmUVJky8x7QI5jOIp4JKd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KxQudpu0togEWaxL088uwIxcsMb"><span style="font-size: 16px;">Suggested configurations by trading style:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-NbcPdyJC4obqOlxVYWCuWhPBspc" data-list="bullet"><div><span style="font-size: 16px;">Day traders: IOC or 24-hour trigger orders</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-BDRKdZK2RoTOMTxtJU4urmXZs3e" data-list="bullet"><div><span style="font-size: 16px;">Swing traders: GTC or 7-day trigger orders</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ZMZsdmUpCoJFLzx4K89uXSKSs7c" data-list="bullet"><div><span style="font-size: 16px;">Market-making and arbitrage: FOK combined with post only orders</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-PLFQd0kG5oIlEoxIlF8uhW8QsHd" data-list="bullet"><div><span style="font-size: 16px;">Trend followers: Long-term trigger orders or trailing stop strategies</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusLeG1tUm2HyVPsRSIaFwEDe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-W0vCdDkHkovFWZx77vcuPxzqsYd"><strong>4. Time in Force FAQ</strong></h2><div class="ace-line ace-line old-record-id-doxusfFeB0NovyR4sqKv70mDhle"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-T3HTdPWW7osCTyxm0UxuzYA9sY3"><span style="font-size: 16px;">4.1 What does GTC mean?</span></h3><div class="ace-line ace-line old-record-id-doxusqA3zX2z6eO1OahCwISDfed"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Hd9jdTfUZoP8qsxwOpzu81Wqskd"><span style="font-size: 16px;">GTC (Good-Till-Canceled) means the order remains active until it is fully filled or manually canceled. It will not be automatically canceled due to time expiration.</span></div><div class="ace-line ace-line old-record-id-RFNCd17bXoRAjZxCzXCuINmksOf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-MoAZdOeuFoJ6btxulZ4ubTJis3c"><span style="font-size: 16px;">4.2 What is the difference between IOC and FOK?</span></h3><div class="ace-line ace-line old-record-id-doxus4VWGQBGo9vXImRxAT49XEf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DXIadUgNQoR77vxOggBuY5nIsIh"><span style="font-size: 16px;">IOC allows partial execution, with any unfilled portion canceled immediately. FOK requires the entire order to be filled at once; otherwise, the entire order is canceled.</span></div><div class="ace-line ace-line old-record-id-doxusz5Q5v7wXXBL9qMZKoMpvqc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KMujdCrdGoKkIhx0Pl1uyL2rsfh"><span style="font-size: 16px;">4.3 Why was my Futures order automatically canceled?</span></h3><div class="ace-line ace-line old-record-id-doxusmO3tdfq1bDsPUE6gCpD7Yc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FMVYd7FC4oY2nPxYqI7uJ6V6sIb"><span style="font-size: 16px;">The most common reason is an unsuitable Time in Force setting. If you use IOC or FOK and the market depth cannot meet the execution conditions, the order will be canceled. Trigger orders may also be canceled if their validity period expires.</span></div><div class="ace-line ace-line old-record-id-doxusSJn7mgs3uhBNpw06Z7UESC"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-PmQ0dDvWHoVTCAxj51Hurhddsxg"><span style="font-size: 16px;">4.4 When should I use an MTL order?</span></h3><div class="ace-line ace-line old-record-id-doxusCkdJaMUoA17ne7dhe22wnf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SkWRdpuifoVb4rxCnsmuYH72s3e"><span style="font-size: 16px;">MTL is ideal when you want fast execution but also want to limit slippage during volatile conditions. It combines the speed of market orders with the price protection of limit orders.</span></div><div class="ace-line ace-line old-record-id-doxusgahWlwX86GOoJjLxvoS7Oh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Q5ymd57eCoc0Lixn8g6uVNIUsHg"><span style="font-size: 16px;">4.5 Do trailing stop orders and post only orders support Time in Force?</span></h3><div class="ace-line ace-line old-record-id-doxusISkLweT8TZmgtdNe7vJ9Kb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TWqMdO5hxoz5PoxeK4ZuPhjpscd"><span style="font-size: 16px;">No. Trailing stop orders and post only orders do not support Time in Force settings on MEXC. However, they remain important tools: trailing stops are used for dynamic profit-taking and risk management, while post only orders ensure liquidity provision and potential maker fee benefits.</span></div><div class="ace-line ace-line old-record-id-XRthdK6w1o2bMQxRoTeuVlkKsXg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-HIGSdmnenoIOivx6dg8uNgoKsT8"><span style="font-size: 16px;">Recommended Reading:</span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-ZLS7dKoBDoKl2KxJXyBuFlH8sWb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-app-navigation-305429821797449728">MEXC App Navigation: Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-SLM1dxM4fokv8wxeDJSulfkrsBc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664">How to Trade Futures on the MEXC App</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-SWFjd3jMxo1REBxcUQsuIFgXsmc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144">How to Trade Futures on MEXC Web</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-GdvMdMKdNoADAXxzkM8uBZS0s5d" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448">Futures Trading FAQ: A Complete Beginner's Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-VvA9dCjTqoREStx4SHSuSTZusdb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-JqQ7dTqH4oxIzBxAZmmuOgegsZd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-index-price-fair-price-and-last-price-7950960183961">Index Price, Fair Price, and Last Price Explained</a></span></div></li></ul><div class="ace-line ace-line old-record-id-WWJLddyFWoGhs8x4mADu3SCqsNh"><span style="font-size: 16px;"><br></span></div></div>

<div data-page-id="LlTZd7ucFoA6LYxY2isue9yfsxg" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-doxusJBAlan4hU53uGGnWUKbSGL"><span style="font-size: 16px;">With its flexible trading mechanisms and efficient use of capital, crypto futures trading has attracted a growing number of traders. However, Futures trading involves relatively complex concepts and operating procedures, which can make it difficult for beginners to get started quickly. This Futures Trading FAQ answers the most common questions to help you fully understand the core concepts behind Futures trading and start your trading journey with confidence.</span></div><div class="ace-line ace-line old-record-id-doxusS1lUZeWqCloh6q0lUg1ryc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZJMIdmQgLoTe20xnG4guMorMswh"><strong>1. What Is Crypto Futures Trading?</strong></h2><div class="ace-line ace-line old-record-id-JcWcd7RFIoANtcxrJqsuHrtVs5d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JhajdqbZ1oBqoTxBxUFusiIdsof"><span style="font-size: 16px;">Futures trading is a form of derivatives trading based on price movements of crypto assets. Unlike Spot trading, users do not need to hold the cryptocurrencies themselves. Instead, they can buy or sell Futures to speculate on market movements, allowing for opportunities to profit whether prices rise or fall. Futures trading is suitable for the following types of users:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-IU8AdKtyhoS5nuxfPqtuXeoNsId" data-list="bullet"><div><span style="font-size: 16px;">Users with market analysis skills who want to profit from short-term price fluctuations.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-CO74dSfB6oCJ5ZxbZdDuTjsxsl5" data-list="bullet"><div><span style="font-size: 16px;">Traders who want to improve capital efficiency through leverage with limited funds.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Hw84dIQTfoxRwvxGlpuubChhs25" data-list="bullet"><div><span style="font-size: 16px;">Investors who want to seek profits even in declining markets.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxuso2rJpeLQ3bxjLc1peXhV0c"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CUQOdnPFToxjDjxt8EnuIx8ksOf"><strong>2. What are the Core Differences Between Futures Trading and Spot Trading?</strong></h2><div class="ace-line ace-line old-record-id-doxusdfzR3UUYwl328fDbLyr0ob"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-POSddGwOUo2OrOx37PouLnSpsyg"><span style="font-size: 16px;">The most fundamental difference between Futures trading and Spot trading is whether the underlying asset is actually held. The detailed comparison is as follows:</span></div><div><table class="ace-table" data-ace-table-col-widths="164;287;293" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="164"><col width="287"><col width="293"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-O2ohdPK5Qo37pfxmtb9uA8vjsGe"><strong style="font-size: 16px;">Difference</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-NZiGdkp2ToW694x7GqOuX8YhsKc"><strong style="font-size: 16px;">Futures Trading</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-YheidaIikoMxtgxAK16uM6Dhsod"><strong style="font-size: 16px;">Spot Trading</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-SR2GdMCHNoAwOXxJK4LuVwEyseh"><span style="font-size: 16px;">Asset holding</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-XbN1dloIoom4XXxiJMiuBFASsdv"><span style="font-size: 16px;">No, only price exposure</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-RkLnd0fwgoBbESxyZ27udwqWsCe"><span style="font-size: 16px;">Yes, actual crypto assets are held</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-F9UpdtjG1oM4kgxtfKmuZbFusEc"><span style="font-size: 16px;">Profit direction</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-CIs5dpsasopsR4x4Sz3usIUtsQh"><span style="font-size: 16px;">Supports both long and short positions</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-Jfl4dWZfRoVYHnxUzY7ujrU5sVc"><span style="font-size: 16px;">Profits only when prices rise</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-J58gdjFoiobssCx575iukKo1skb"><span style="font-size: 16px;">Leverage</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-ImPGdvfBHoqgRPxiuAauRf04scf"><span style="font-size: 16px;">Supports high leverage</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-PqFNdI0pdopTOFxbAQPuMQv5sZd"><span style="font-size: 16px;">Generally not supported</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-DJvoddXVFo78YdxEnequ7WYXskf"><span style="font-size: 16px;">Suitable users</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-TerbdwuYeo8vq2xc5BcuLtExsdb"><span style="font-size: 16px;">Short-term traders and hedging users</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-XBC3dxyTmop8FpxdNqWu9nwcsMf"><span style="font-size: 16px;">Long-term holders and DCA strategies</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-QJqEdKBcwo0n3MxG7PKuu1XKsxb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CzqadGgQboVSxRxg1L7uNdebsBc"><strong>3. Futures Trading Fees on MEXC</strong></h2><div class="ace-line ace-line old-record-id-ES2EdDo6Ko5mtPxIqxju9ey4sHd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-A0pJdCcUHo66fSxr05kuAK46sNc"><span style="font-size: 16px;">Understanding the fee structure is critical for controlling Futures trading costs. MEXC Futures fees are set as follows:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-QRBVdEpR1o70aBxG3KXu7pxSsTf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Maker</strong>: 0%. No fee is charged when placing orders that add liquidity to the order book.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-HA2Gd5WC6ogszpx8zecu3O10syg" data-list="bullet"><div><span style="font-size: 16px;"><strong>Taker</strong>: 0.02%. This fee applies to market orders or orders that execute immediately.</span></div></li></ul><div class="ace-line ace-line old-record-id-NLjQdnEB6o1Af4xgfTwudaNks9c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-D2v6deztvoKkLGxZIa8uMYhUs4e"><span style="font-size: 16px;">You can view the latest Futures trading fees on the MEXC Fees page.</span></div><div class="ace-line ace-line old-record-id-doxusfWf2ugqOlblV47YfzJCblg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusHf9oCd6ovqcstQWM0Zl5mb"><span style="font-size: 16px;">*BTN-View Futures Trading Fees&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/fee">https://www.mexc.com/fee</a>*</span></div><div class="ace-line ace-line old-record-id-doxusciB8yu6rCZ7diRVY7RYite"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-MSQcdH58doLyEOxCjhNuhGpSsKd"><strong>4. How Should I Choose Leverage?</strong></h2><div class="ace-line ace-line old-record-id-ZjUUdkixropKXQxofLyuUq4DsLf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-W9HKd0Pbaotp4axGyoWut1fusro"><span style="font-size: 16px;">MEXC's Futures platform offers flexible leverage settings, ranging from low to high levels. Users can freely adjust leverage based on market conditions and according to their own risk tolerance. Beginners are advised to start with low leverage and gradually increase it after gaining experience. It's always important to recognize that leverage amplifies both profits and risks. For example, using 100 USDT as margin with 10x leverage gives exposure to a 1,000 USDT position. If the market rises by 5%, the profit is 50 USDT, but a 5% decline results in the same amount of loss. Choosing leverage wisely is therefore a key part of risk management.</span></div><div class="ace-line ace-line old-record-id-CLsgdrhMjoQ1tVxjmw3uWc1VsLd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-JjcDdyPHQov1PgxRodPu9CDDs8d"><strong>5. How Do I Open and Close Futures Positions?</strong></h2><div class="ace-line ace-line old-record-id-SCypdst5lokoI8xgSyquZHPlseO"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LgGQdCYwXoMYPBxSys3uuk4Zsld"><span style="font-size: 16px;">The basic steps for Futures trading on MEXC are as follows:</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-YkD3dtcfvoi1DmxAJKbudJZgsTb"><span style="font-size: 16px;">1) Log in to your MEXC account and enter the <a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures trading</a> page.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-J4M6ddgsjoQZ1pxyYtXuxO3BsOf"><span style="font-size: 16px;">2) Select the trading pair and set the leverage.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-IBaUdjDZ9oswlRxFWAAuKqCmsfg"><span style="font-size: 16px;">3) Choose the margin mode (isolated or cross).</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-GGWId5ihSoQab4xh74Fu4utpswf"><span style="font-size: 16px;">4) Select the order type (limit, market, trigger, etc.).</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-EK1ddtLN5oYn6MxMTh6uZFjdsPe"><span style="font-size: 16px;">5) Enter the trade quantity.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-NMhid1rXjo7ZYExOdBFuu6zCsSd"><span style="font-size: 16px;">6) Choose <strong>Open Long</strong> or <strong>Open Short</strong> to open a position.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-OPnmdCmKToneiQxcZHeuFy5tsPh"><span style="font-size: 16px;">7) When the price reaches your target, select <strong>Close</strong> to complete the trade.</span></div><div class="ace-line ace-line old-record-id-FTo6dLk3JoK0pmx9p0LuX5FQshb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CVEmda5sloRFpWxhDNyu7KPCssh"><span style="font-size: 16px;">For more detailed instructions, you can read:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-XPL5djhVDozuHlxQa15ucvgesje" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664">How to Trade Futures on the MEXC App</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-DB8edYBoOoxoTPxJn1LuzZMYsHd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144">How to Trade Futures on MEXC Web</a></span></div></li></ul><div class="ace-line ace-line old-record-id-RGORdq8pLoh6Dcx3wZmuUNMGsyg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxus6g0LwD2waEE7QHWwHDnvUf"><span style="font-size: 16px;">*BTN-<strong>Start Futures Trading</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">https://www.mexc.com/futures/BTC_USDT</a>* </span></div><div class="ace-line ace-line old-record-id-doxusnJZz6ujkkQyaHEkfNqxvFf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-RVcedPVwgoJXIzxdaNvuAyXfsg7"><strong>6. What Is the Funding Rate?</strong></h2><div class="ace-line ace-line old-record-id-doxus69hR79t6gs0X8MtkzQRbfb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AWB9dWx8yowu8WxIG4wuZiPrsWe"><span style="font-size: 16px;">The <a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list">funding rate</a> is a core mechanism in perpetual futures markets used to keep futures prices aligned with spot prices. The fee is exchanged directly between long and short position holders, and the platform does not charge any portion of it.</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-DxTCdXDpdoS0qMxpaiauPRZJsOb" data-list="bullet"><div><span style="font-size: 16px;">When the funding rate is positive, long position holders pay funding fees to short position holders.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-O9hydzzixoPq0rx8rlmueOXis3d" data-list="bullet"><div><span style="font-size: 16px;">When the funding rate is negative, short position holders pay funding fees to long position holders.</span></div></li></ul><div class="ace-line ace-line old-record-id-YurmdhMmDoQdxPxd0v6uVECwsgh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LHUQdYXlTok7pcx6a2ZuA1XJsJg"><span style="font-size: 16px;">The funding fee is calculated as: Funding fee = Position value × Funding rate</span></div><div class="ace-line ace-line old-record-id-SYOSdbIFno74LHxYwZgug65asig"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DDrcdKMoJoCaUvxQWXNuQWRlsJc"><span style="font-size: 16px;">Note that funding fees may affect the liquidation price and final profit or loss. Funding settlement times vary by trading pair. Refer to the information displayed on the official website for specific settlement times.</span></div><div class="ace-line ace-line old-record-id-doxusoO9pvHbq8JIjmmpOfGwWHd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusQ2hiTkXCFBTenT83GKDsoc"><span style="font-size: 16px;">*BTN-<strong>View Funding Rates</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list">https://www.mexc.com/futures/information/funding_list</a>* </span></div><div class="ace-line ace-line old-record-id-doxusRBry0WvA2jrVvaPFapD73g"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZH1FdU20yoRgX7xUAJFuNNmUs5f"><strong>7. How Is Futures PNL Calculated?</strong></h2><div class="ace-line ace-line old-record-id-doxusXhsp1o2rwipsZkMGkIwBng"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-P32FdVKbloYyAwxriQAuVKQCsNT"><span style="font-size: 16px;">Futures trading mainly uses two settlement methods: Stablecoin-Margined Futures and Coin-M Futures.</span></div><div class="ace-line ace-line old-record-id-I3Rrdd0IRoB9Kqxs5X5uKSBlsDg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-U4URdMD7VopxsHxTkCAu2dKRseh"><span style="font-size: 16px;">Stablecoin-Margined Futures</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-AILHdCBgDoQfP0xb62duCfGOs1g" data-list="bullet"><div><span style="font-size: 16px;">Long position PNL = (Close price − Entry price) × Quantity × Size</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ZcdsdvtnoozupsxbvyHue3XRssc" data-list="bullet"><div><span style="font-size: 16px;">Short position PNL = (Entry price − Close price) × Quantity × Size</span></div></li></ul><div class="ace-line ace-line old-record-id-Ys4OdhoDUoYYKLxKAo4uLQ6RsAc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Pa0pdPTCQowzcixf2giudV7Gsgg"><span style="font-size: 16px;">Coin-M Futures:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-WRSsd8c1UoPYrsxr1Q2uwf9YsHc" data-list="bullet"><div><span style="font-size: 16px;">Long position PNL = (1 / Entry price − 1 / Close price) × Quantity × Size</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-RLk3d6Q0loaKFSxtUlju8l7Mssf" data-list="bullet"><div><span style="font-size: 16px;">Short position PNL = (1 / Close price − 1 / Entry price) × Quantity × Size</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusW9lbzsO4QuzaKUMgkkK8dc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UfROdrDQ5onzZjxYbHfun8E3sVg"><strong>8. What Is Liquidation and How Is the Liquidation Price Calculated?</strong></h2><div class="ace-line ace-line old-record-id-MJr3dMTwQoMHLexS4ZRu8fRVsJf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XC5FdcnTVouDISxQdaYup0hbsSb"><span style="font-size: 16px;">When margin is insufficient to cover losses, the platform triggers liquidation and automatically closes the position to prevent the account from becoming insolvent. </span></div><div class="ace-line ace-line old-record-id-Iz4PdmE2jo1wnFxllfGueVwBsEg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PdB5dqa3oo8t3nxSVrHuyOfnsve"><span style="font-size: 16px;">Liquidation condition: Position Margin + Unrealized PNL ≤ Maintenance Margin</span></div><div class="ace-line ace-line old-record-id-KRCwdJSVHoJHMJx5soouK8vWsgh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZXnDdnP6nou7wlxA4PyuqWl2scf"><span style="font-size: 16px;">Liquidation price calculation:</span></div><div class="ace-line ace-line old-record-id-BAVnd4JeMoluBmxuqowucH7isyg"><span style="font-size: 16px;">Long position: Liquidation Price = (Maintenance Margin − Position Margin + Entry price × Quantity × Size) / (Quantity × Size)</span></div><div class="ace-line ace-line old-record-id-I4oQduXM1oajlhxL2sOujRDjsKh"><span style="font-size: 16px;">Short position: Liquidation price = (Entry price × Quantity × Size − Maintenance Margin + Position Margin) / (Quantity × Size)</span></div><div class="ace-line ace-line old-record-id-doxusnYyn8CNzz1RV6TQXWqGyfd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O6gaduN9kof3hlxLfr8u7FuxsW8"><span style="font-size: 16px;">Example: A user opens a BTC long position when the BTC price is 60,000 USDT with 50x leverage. If the price falls to 58,000 USDT and margin becomes insufficient, the platform will automatically liquidate the position at the liquidation price to prevent further losses.</span></div><div class="ace-line ace-line old-record-id-doxusJErLzc6LxMhAvHcxOgamle"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PlI7dP2ekozpKnxQHDKu9vFRsMg"><span style="font-size: 16px;">For more details, you can read:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-CCsqd9VpAouQXex8RRYuFbG2sMd" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/what-is-liquidation-a-complete-guide-to-its-mechanism-price-calculation-and-risk-management/1" style="font-size: 16px;">What Is Liquidation? A Complete Guide to Its Mechanism, Price Calculation, and Risk Management</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-PwfudkFc3oKWXIxXYoquRAdRsKg" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/understanding-liquidation-risk-faqs-and-protection-tips/1" data-lark-is-custom="true" style="font-size: 16px;">Understanding Liquidation Risk: FAQs and Protection Tips</a></div></li></ul><div class="ace-line ace-line old-record-id-doxusyOECbvlhJgr6P3O3Bq2hGf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-H5uQd6X1doVm6Nxz4XfuJArMskf"><strong>9. Why Does the Liquidation Price Change?</strong></h2><div class="ace-line ace-line old-record-id-doxuseeqdddFLcFnznv8L9tiLSL"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusvZb4AD02vmxb4qEHaxrl2g"><span style="font-size: 16px;">Changes in your Futures account balance directly affect the liquidation price.</span></div><div class="ace-line ace-line old-record-id-Iu4BdMd8DopAVTxTJTRuT9DFsUd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ORUSdpHneoLICaxKguqucApOshf"><span style="font-size: 16px;">When users hold both Stablecoin-Margined Futures and Coin-M Futures, funding settlements may cause the liquidation price to rise or fall depending on market conditions.</span></div><div class="ace-line ace-line old-record-id-doxusKGii0YL38JqqPBbdkxkv5e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Pba6d0ohforXcaxxK8duw23hsne"><span style="font-size: 16px;">Under multi-asset margin mode, liquidation prices may change more frequently than under single-asset margin mode. This is because liquidation prices are calculated based on the combined value of all margin assets, and fluctuations in margin prices will cause corresponding adjustments.</span></div><div class="ace-line ace-line old-record-id-doxusswAGeESaah9SNhTGhqOW5b"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-M6I3dgnaRokRqHxsR6KuBi3lsDc"><strong>10. Why Can't I Increase My Position Size Even With Sufficient Margin?</strong></h2><div class="ace-line ace-line old-record-id-doxusMbo5bJN5kvb5DYKklZY21d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OduSdQ8jOos2znxDUSWu8Rs6s3e"><span style="font-size: 16px;">This is usually related to risk limits. On the <a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/risk_limit">Risk Limit</a> page, you can view the maximum position size allowed for each risk tier within the same Futures pair. As position size increases, the maximum allowable leverage decreases. This mechanism is used by the platform to control systemic risk.</span></div><div class="ace-line ace-line old-record-id-doxusVVCPuDvKlEOkOfu442aaxe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusxIndUYazWBpv6I1aoGjQEf"><span style="font-size: 16px;">*BTN-<strong>View Risk Limits</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/risk_limit">https://www.mexc.com/futures/information/risk_limit</a>* </span></div><div class="ace-line ace-line old-record-id-doxus8wnqxptGMPkx7a9lMm3oud"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WDBodVu0xoM7nSxK1zAuPPlosqg"><strong>Conclusion</strong></h2><div class="ace-line ace-line old-record-id-doxusWwQdmvXqwzyqc7SnIzKTCP"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WB3adIFqGoI1M2xFsYpu2Awwsfb"><span style="font-size: 16px;">Futures trading is a high-risk, high-reward financial tool suitable for users with market judgment and strong risk management awareness. MEXC offers flexible leverage settings, diverse order types, and a transparent fee structure, making it an ideal platform for beginners to learn and practice Futures trading. Before trading, it is recommended to fully understand the rules for trading Futures, develop a reasonable trading strategy, and implement proper risk controls to steadily improve your trading skills.</span></div><div class="ace-line ace-line old-record-id-Ofx8d50A4oFo2dxGvZ7ugFQhsWg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ZPpndZnOmohwQDxLGp4uiiUpsBh"><span style="font-size: 16px;">Learn More About MEXC Futures: </span></h3><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-VVafdFQaro0giKximqbusOePsKc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/time-in-force-tif-for-futures-trading-305427906242034688">Time in Force (TIF) for Futures Trading: A Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-XL6Jd97WmoyPyjxf3uruDO71skh" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-QNh1dZAORoOAWyxaNSYue2E3slh" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-app-navigation-305429821797449728">MEXC App Navigation: Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IoMQdL5y5os5JjxxjDfuEx3TsSd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-index-price-fair-price-and-last-price-7950960183961">FAQ on Index Price, Fair Price, and Last Price</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-KOqHdQVqaoFlf1xhWHQuvumcsrh" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-auto-deleveraging-adl-8127010829081">FAQ on Auto-Deleveraging (ADL)</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-U1Ovdoug6ocI2GxLlAyuOU3Isgb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505">Futures Trading Page Terminology Guide</a></span></div></li></ul><div class="ace-line ace-line old-record-id-doxusYcXqSf8egjvyZzxtRsM0eg"><span style="font-size: 16px;"><br></span></div></div>

<div data-page-id="OCi0dqZDQoU7p7xTQyQu8u0xsLf" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-doxus9Uo3BqqRbU8pvqqiwbprtb"><span style="font-size: 16px;">In MEXC Futures trading, index price, fair price, and last price are three core price references. Each serves a different purpose in pricing, risk control, and trade execution. This article explains the definitions, calculation logic, and practical usage of these three prices.</span></div><div class="ace-line ace-line old-record-id-doxusxmnmvyhch5fSGfLpmawSif"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GuCbdo3LjoVfNsxS2M3unwJ4ss3"><strong>1. Index Price: Basics and Calculation</strong></h2><div class="ace-line ace-line old-record-id-doxusHYbOkTHGVXKHJwIvZQk3wW"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-WZ5bd2wzboMS54xUCq0u6XAysId"><span style="font-size: 16px;">1.1 What Is the Index Price?</span></h3><div class="ace-line ace-line old-record-id-doxusrT25lFJ6S4rfYB1da3tATe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ae1mdrKiGo1FUzxeOOMupTM6sRh"><span style="font-size: 16px;">The index price is the weighted average price of the underlying asset across major spot exchanges. All MEXC Futures use prices from leading exchanges as index sources. The index price updates continuously as the underlying asset price changes, reflecting the asset's true market value.</span></div><div class="ace-line ace-line old-record-id-doxusrE1Rjw9w0NypLMMJqTbTRh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-P28qd1XJTo71DIxlaJluDjOMsNf"><span style="font-size: 16px;">The index price is designed to reduce risks caused by price volatility and market manipulation by providing a more stable pricing reference. It represents the fair market value across the broader market.</span></div><div class="ace-line ace-line old-record-id-doxusbnERdpTUNijNey4bcKz3cg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AAq7din3QoLEPNxrpVPudEZcsxd"><span style="font-size: 16px;">1.2 How Is the Index Price Calculated?</span></h3><div class="ace-line ace-line old-record-id-doxusi4NH0P9Yrh8uoqCh36wOng"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Zc3vduOdkoLFg3x0feauCeIusoR"><span style="font-size: 16px;">The index price is calculated as follows:</span></div><div class="ace-line ace-line old-record-id-doxusanTiAY1YRV6KnyvdsM3yqb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-V2QVduIzso490yxbSvKu4Yi0sBd"><span style="font-size: 16px;">Index Price = (Weight % of Exchange A × Asset Price on Exchange A) + (Weight % of Exchange B × Asset Price on Exchange B) + … + (Weight % of Exchange N × Asset Price on Exchange N)</span></div><div class="ace-line ace-line old-record-id-doxusWUurTG36Pe7ODWcVmvjMGc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CdotdgefXo9YmYxo4oxuRUiBsyg"><span style="font-size: 16px;">Where:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-BnJddAtpQoJB2bxd2Xlu2qaZsHd" data-list="bullet"><div><span style="font-size: 16px;">Weight % of Exchange i = Weight of Exchange i / Total Weight</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ZlhDdRhBTo5y8zxQBwIu2XQbsHf" data-list="bullet"><div><span style="font-size: 16px;">Total Weight = Weight of Exchange A + Weight of Exchange B + … + Weight of Exchange N</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusMTBrQsQwIMHskrUe0tt6ng"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LRkYdTUsdorpiGxwVzHujWYJsNc"><span style="font-size: 16px;">MEXC periodically updates index components and their weights. In cases of extreme market conditions or abnormal price deviations, MEXC may implement additional protective measures, including but not limited to adjusting index components and weights.</span></div><div class="ace-line ace-line old-record-id-doxus7Cvy3OGVRnrYSe0gXmYptb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BH5Gdg06XoIfdIx5i88uFm72sUf"><span style="font-size: 16px;">1.3 What Protection Mechanisms Apply to the Index Price?</span></h3><div class="ace-line ace-line old-record-id-doxusyzpqp8Mns9ZwNM5ufGqd9e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Zql5d328YoDGjpxRauLu71PIsOg"><span style="font-size: 16px;">To ensure index price fairness, MEXC applies the following protection mechanisms:</span></div><div class="ace-line ace-line old-record-id-doxusct51WeaVqzXQ2yXXuLSS1d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SUm8dKIFEoLozyxEqQfumPR0sBf"><span style="font-size: 16px;"><strong>Delayed Data Exclusion: </strong>If an exchange's market data updates slowly over an extended period or shows abnormal price deviations, its data will be excluded from index calculation. Once data quality returns to normal, it may be re-included.</span></div><div class="ace-line ace-line old-record-id-doxus0tafQBdV0OXPjuZRbmxlCc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LHhEdV11KoXcHExEUhWu8XDeskg"><span style="font-size: 16px;"><strong>Price Deviation Protection: </strong>If a Spot price from a specific exchange deviates by more than ±1% from the median price of all included exchanges, MEXC will exclude that exchange's price from the calculation. This rule does not apply when fewer than three exchange prices are available. During extreme market conditions, MEXC may adjust the deviation threshold for certain trading pairs or exempt them from this rule.</span></div><div class="ace-line ace-line old-record-id-doxusHoJdmCr7n3ija8EKeXo9rh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-JfB5dY4jvob0ZaxNwmVuuIMRsOc"><strong>2. Fair Price: Basics and Calculation</strong></h2><div class="ace-line ace-line old-record-id-doxusXBXJodC4ev0GXhsKjG0cUc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OrVfd5ygloWxB1x1S2Uu6UfOsFg"><span style="font-size: 16px;">2.1 What Is the Fair Price?</span></h3><div class="ace-line ace-line old-record-id-doxusr2kVSLgINHaLzW3hn793Oe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-M4iSdEIoxo6rLJxRnCouTpDSsnc"><span style="font-size: 16px;">The fair price is calculated using the index price and a moving average of the basis. To enhance Futures market stability and reduce unnecessary liquidations during abnormal volatility, MEXC Futures use a uniquely designed fair price marking system.</span></div><div class="ace-line ace-line old-record-id-doxusYGafL9hoRzMoFNor1ctMed"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-J7JBdujk6oG6mOx0ULFu856Ys6i"><span style="font-size: 16px;">Instead of using the last price, the system marks positions based on the fair price. This prevents unnecessary deviations between in-market prices and the index caused by manipulation or low liquidity, thereby avoiding unnecessary liquidations. The fair price is a core risk-control mechanism designed to protect traders.</span></div><div class="ace-line ace-line old-record-id-doxuscNCTVMOli5eThuvlPSZRtA"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-P0hQdNiWNoiJVYxtXLNu1Pg2sAh"><span style="font-size: 16px;">2.2 How Is the Fair Price Calculated?</span></h3><div class="ace-line ace-line old-record-id-doxusK15wCJFugRaxpMQaRlvpih"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AHREde3hkoiLmox16rVuj24UsIc"><span style="font-size: 16px;">The fair price is calculated as:</span></div><div class="ace-line ace-line old-record-id-doxusugmgu2pLNFm67p2rnRZXgf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BFXLdVvx9org4mxpzRRuqm8osFd"><span style="font-size: 16px;">Fair Price = Median (Funding Premium, Mid-Price Basis Fair Price, Last Price)</span></div><div class="ace-line ace-line old-record-id-doxus5BZsmHmBbTRUiz4tZK9s6g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vp6Pd2KvyofZtPxrWYdubkk7sEf"><span style="font-size: 16px;">Where:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-B6NDd7vj4orHqtx3ycguzTGYsGe" data-list="bullet"><div><span style="font-size: 16px;"><strong>Funding Premium</strong> = Index Price × [1 + Latest Funding Rate × (Hours Until Next Funding / Funding Interval Hours)]</span></div></li><li style="white-space:pre;;text-align:left" class="ace-line ace-line old-record-id-G9uydcwL4olJwPxto1BuN8yts7g" data-list="bullet"><div><span style="font-size: 16px;"><strong>Mid-Price Basis Fair Price</strong> = Index Price + Basis Moving Average (specified period) = Index Price + Moving Average [(Best Bid + Best Ask) / 2 − Index Price]</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IMlVd6AyzopedLxT8O2ulnk6sQh" data-list="bullet"><div><span style="font-size: 16px;"><strong>Last Price</strong> = The most recent Futures trade price, updated in real time.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusKzo4svtZoamhiXyvvutehh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-I25vdweOIo2npAx1HC4uYbm9spd"><span style="font-size: 16px;">2.3 What Trading Data Does the Fair Price Affect?</span></h3><div class="ace-line ace-line old-record-id-doxuslwANhxdpPLsvM5MP5POcLe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DuHtdUw72oMhoxxz88hu02Vrsvh"><span style="font-size: 16px;">The fair price only affects liquidation price and unrealized PNL. It does not affect realized PNL. This means that after an order is filled, you may immediately see positive or negative unrealized PNL due to a slight difference between the fair price and the execution price. This is normal and does not indicate an actual loss. Traders should focus on the liquidation price based on the fair price to avoid premature liquidation.</span></div><div class="ace-line ace-line old-record-id-doxusoJOr98InqO8QrH3KBLpVib"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-VCmJdN3zao7zBAxWsUyuNF7DsNg"><strong>3. Last Price: Basics</strong></h2><div class="ace-line ace-line old-record-id-doxuskJYxNIelXoFfsqTmkFe3Md"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-DXODdmpCgoukiOx6uJwuBDv4sIc"><span style="font-size: 16px;">3.1 What Is the Last Price?</span></h3><div class="ace-line ace-line old-record-id-doxus7IGb90DdGRjKo5sXrlPWgf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G4X1dpzkcoRIHmxyf4quolkas3N"><span style="font-size: 16px;">The last price is the most recent execution price in the MEXC Futures order book. It directly reflects real-time trading activity on the MEXC platform and represents the actual price of the latest matched trade between buyers and sellers.</span></div><div class="ace-line ace-line old-record-id-doxusExqQ771Yjm9OIlXI2zL19e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-W5BNdL4vRoAyzYxmEV2uNNftsWf"><span style="font-size: 16px;">The last price directly determines the execution price of market orders. While it has the highest immediacy, it is also the most susceptible to large orders or insufficient market depth, which can cause sharp price fluctuations.</span></div><div class="ace-line ace-line old-record-id-doxusBYNcrTPpS82DMNlolKz3Ie"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Afr4dqiJuoOqXBxsPRBuJ5kHsZc"><strong>4. Key Differences Between Index Price, Fair Price, and Last Price</strong></h2><div class="ace-line ace-line old-record-id-doxusn6Daxr6eYui4WHhf6zpY7d"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="131;222;236;227" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="131"><col width="222"><col width="236"><col width="227"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VNStd4RajonPBtxNBUcukk4xsGg"><strong style="font-size: 16px;">Comparison </strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-H6VQdJjQeoVmdXxKPwKu6mHosTc"><strong style="font-size: 16px;">Index Price</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-WcQhdmSLooEv9LxSDaou8wVQsUf"><strong style="font-size: 16px;">Fair Price</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Wg3Ld0nC2ov4Pkx9KW8uWEHMs1J"><strong style="font-size: 16px;">Last Price</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SblBdPXzgoUYQYxJdU8utKKDsyd"><strong style="font-size: 16px;">Core Definition</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NfXydLL5ho9rcOxQXqTuO4qwsOc"><span style="font-size: 16px;">Weighted average price across major exchanges</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-EoujdlNyuogID9xAs8HujNhAsUf"><span style="font-size: 16px;">Smoothed price based on index price and basis moving average</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NKbpds3sEoXQ37x6VlUuudjpsGe"><span style="font-size: 16px;">Real-time execution price on MEXC</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-OTgrdSuxwo7l5yxef9tutSoGsng"><strong style="font-size: 16px;">Primary Function</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LyHXdXoX4oSDJUxysTDubTBNs7g"><span style="font-size: 16px;">Anchor fair market value and prevent single-platform manipulation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-OIs3dBbs9ougGyxd2QauBAgosqd"><span style="font-size: 16px;">Calculate unrealized PNL and trigger liquidation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PXd8d8YtboaRCtxgU2duL247sdV"><span style="font-size: 16px;">Execute trades and calculate realized PNL</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SmLrdw3nLo1OwwxLrZ1uFyiusWe"><strong style="font-size: 16px;">Trader Impact</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HIyYdicn7oZPIHxawvcuKf6zsEd"><span style="font-size: 16px;">Indirect; forms the basis of fair price</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-WyCZdompqomT8ixuo5rug9gOsSb"><span style="font-size: 16px;">Directly affects unrealized PNL and position safety</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-H3IZd5HsAoH324xfBM5uwyWTsub"><span style="font-size: 16px;">Directly affects actual entry and exit prices</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KiFNdAmomoNOH3xHMqcuDOpGs7x"><strong style="font-size: 16px;">Price Characteristics</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BNkGdiwx2oQZvCxPhiNuaBrTsjd"><span style="font-size: 16px;">Relatively stable, reflects market-wide trend</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LAZ2dUdwIoTjjFxIUmmuVkfZsIf"><span style="font-size: 16px;">Smoothed, filters short-term volatility</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-RZ6WdCYeqof2pvxfHnnuZP85sMg"><span style="font-size: 16px;">Most immediate, but also most volatile</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-MO8GdrBS1o31dhxP1z6uDtFCsOh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-AHBjdzjyjo9rrAxJgHZu65TAsJe"><strong>5. How to Switch Between Index Price, Fair Price, and Last Price on MEXC</strong></h2><div class="ace-line ace-line old-record-id-doxus71zGiu9R4UH7d4umg4ezl5"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KD96deHZeoGTE0xM3UluitiHsif"><span style="font-size: 16px;">5.1 How to Switch Price Display on MEXC Web?</span></h3><div class="ace-line ace-line old-record-id-doxuseymumrNhC8D15UCypRTQRd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XFvXdeZDFolmIQxtH1ducEXKs2f"><span style="font-size: 16px;">Steps:</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-Qfk0dgLH2oARt6x3QMFutBbesUo"><span style="font-size: 16px;">1) Open the MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures trading</a> page.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-YG14d7ATLovNGTx7lO8uJlIRsKd"><span style="font-size: 16px;">2) Hover over <strong>Last Price/Index Price/Fair Price ▼</strong> above the candlestick chart.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-H1KkdYeDto9zQJxK0ScuFxNoshc"><span style="font-size: 16px;">3) Select the price type you want from the dropdown menu.</span></div><div class="ace-line ace-line old-record-id-J7cTdzv2Uo29LzxUAw7u6VnpsVb"><span style="font-size: 16px;">You can also view real-time index price and fair price next to the trading pair.</span></div><div class="ace-line ace-line old-record-id-doxuspgWnq7Ok6JxmdfpFR5PHzd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusVfMPIJ1u6TDjkvdtbNkamg"><span style="font-size: 16px;">*BTN-<strong>Futures Trading</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">https://www.mexc.com/futures/BTC_USDT</a>*</span></div><div class="ace-line ace-line old-record-id-doxusj9vriEUhFGbofGCO4BM5tb"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"ffec6743-0ada-49d1-b0f3-0c91bdb07b0a","height":1296,"width":2934,"currHeight":1296,"currWidth":2934,"natrualHeight":1296,"natrualWidth":2934,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FRluzbfR4robFyJxHCWLuZaEWsjc%2F%3Fpreview_type%3D16","file_token":"RluzbfR4robFyJxHCWLuZaEWsjc","image_type":"image/png","size":861168,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusVWupRzvHSqX6nK0ahdArMc"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130836545XOYt86sSbZLcNL.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJSbHV6YmZSNHJvYkZ5SnhIQ1dMdVphRVdzamMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNWV3VwUnp2SFNxWDZuSzBhaGRBck1jIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9SbHV6YmZSNHJvYkZ5SnhIQ1dMdVphRVdzamMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/RluzbfR4robFyJxHCWLuZaEWsjc/?mount_node_token=doxusVWupRzvHSqX6nK0ahdArMc&mount_point=docx_image" data-width="2934" data-height="1296" data-lark-image-uri="drivetoken://RluzbfR4robFyJxHCWLuZaEWsjc" data-lark-image-width="2934" data-lark-image-height="1296" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxush3niJfXPcNY9HLncJwE3xf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-O8P8dTbrDokXpRxBzQJutxGfsWc"><span style="font-size: 16px;">5.2 How to Switch Price Display on the MEXC App?</span></h3><div class="ace-line ace-line old-record-id-doxusmQ2oMI1CLbjPYfaxKvtbxb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BZi6dVKlhoSIw2xKg2AueST4sbh"><span style="font-size: 16px;">Steps:</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-HdRZdEJHioLdgRxYeVYunKopsfd"><span style="font-size: 16px;">1) Open the MEXC App and tap <strong>Futures</strong> at the bottom.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-WCwDdyH7Woupe6xInbpuLRHTsad"><span style="font-size: 16px;">2) On the Futures trading page, tap the candlestick icon.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-LuOKdpPABomjlYxTWHwugCQhsne"><span style="font-size: 16px;">3) On the candlestick trading page, tap <strong>Last Price/Index Price/Fair Price ▼</strong> above the chart.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-AYYrdzlLGowY5ExhORpudqYasJh"><span style="font-size: 16px;">4) Select the desired price type to complete the switch.</span></div><div class="ace-line ace-line old-record-id-doxusT6GxlqBV6uMBsYIhGBEm2f"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"1c1d08fb-de68-4272-a702-437c2b2dacd4","height":2160,"width":4173,"currHeight":2160,"currWidth":4173,"natrualHeight":2160,"natrualWidth":4173,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FTAeNbAa6wowb2mxtb6LuxafSsof%2F%3Fpreview_type%3D16","file_token":"TAeNbAa6wowb2mxtb6LuxafSsof","image_type":"image/png","size":2462897,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusw75wt0jwLpBNwL6Q7jSIhR"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130837104RhyEseAUzhEtYd.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJUQWVOYkFhNndvd2IybXh0YjZMdXhhZlNzb2YiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXN3NzV3dDBqd0xwQk53TDZRN2pTSWhSIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9UQWVOYkFhNndvd2IybXh0YjZMdXhhZlNzb2YvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/TAeNbAa6wowb2mxtb6LuxafSsof/?mount_node_token=doxusw75wt0jwLpBNwL6Q7jSIhR&mount_point=docx_image" data-width="4173" data-height="2160" data-lark-image-uri="drivetoken://TAeNbAa6wowb2mxtb6LuxafSsof" data-lark-image-width="4173" data-lark-image-height="2160" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusptPyzwnquq5tms8kXiXSJb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-RMgzd4JGRolf1zxTcluuoR7ssor"><strong>6. Why Does a Loss Appear Immediately After Opening a Position?</strong></h2><div class="ace-line ace-line old-record-id-doxusK8VOENmarwdYswUoPpT1Tc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MMDldEBz0oKepFx6WkjuJA71s2n"><span style="font-size: 16px;">This occurs because your entry price is based on the last price, while unrealized PNL is calculated using the fair price. When there is a small difference between the two, unrealized gains or losses may appear immediately.</span></div><div class="ace-line ace-line old-record-id-doxus0niBnLWRNPtAor73Q9J4Ka"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-R23WdGun3orjeYxGYESusQOBssc"><span style="font-size: 16px;">This does not mean you have actually lost funds. It is normal Futures trading behavior caused by different pricing references. Traders should focus on the liquidation price based on the fair price, not solely on last price fluctuations.</span></div><div class="ace-line ace-line old-record-id-doxusy4DwC1iex71Eft6ga4SH9b"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-AtKsdF33CobQqNxZd51uwIOgs7e"><strong>7. Which Price Is Used to Calculate the Liquidation Price?</strong></h2><div class="ace-line ace-line old-record-id-doxusFB5ieK1ZSB96eYGtRcGpnl"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IQGudFSm5oAdDixMM4UuEFc7svc"><span style="font-size: 16px;">Liquidation is based on the fair price, not the last price. This design protects traders from brief abnormal price spikes. Even if the last price on the chart momentarily touches the liquidation level, the position will not be liquidated as long as the fair price remains within a safe range. Therefore, traders should always monitor the distance between the fair price and the liquidation price.</span></div><div class="ace-line ace-line old-record-id-doxusqoMZ5QE9NyZ89YYUxXKHth"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Yq9NdZGSpoNpjGx0lP4uucEUs5g"><strong>8. Can the Index Price Be Manipulated?</strong></h2><div class="ace-line ace-line old-record-id-doxuscL3x4nkmzjRWKDURYXhz0f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CU5Ud24ztoWqp6xIJtTu8AKhscb"><span style="font-size: 16px;">In theory, it is extremely difficult. Since the index price is derived from a weighted average across multiple major exchanges, manipulating it would require deploying a massive amount of capital simultaneously across several large exchanges, an extremely costly and impractical endeavor.</span></div><div class="ace-line ace-line old-record-id-doxusl7TTop2bbsAurS92NbHobb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZT0Pdi5nRo03fGxfkIvucLSzsFh"><span style="font-size: 16px;">In addition, MEXC's price protection mechanisms (such as excluding deviating or delayed data sources) further increase the difficulty of manipulation and effectively protect traders.</span></div><div class="ace-line ace-line old-record-id-doxusD5pc8IP0fnhYLwMUt2QWid"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-E4a3dz2NYoXKUtxfxqtuT4Yescb"><strong>9. What Does a Large Gap Between the Last Price and Fair Price Indicate?</strong></h2><div class="ace-line ace-line old-record-id-doxusegoOKc0czpon66ljMbVPee"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AixDdEO4Xo6JunxPiMxupdbos9e"><span style="font-size: 16px;">A significant difference between the last price and the fair price usually indicates:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-P7WQdX7MuoY2sRxdzXZutRkLsoh" data-list="bullet"><div><span style="font-size: 16px;"><strong>Extreme </strong><strong>market volatility</strong><strong>:</strong> Intense market sentiment (panic or euphoria) drives the last price rapidly, while the fair price lags due to its smoothing mechanism.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ULx3dmbOAoZKlUxlpdWuSXojsUg" data-list="bullet"><div><span style="font-size: 16px;"><strong>Insufficient liquidity:</strong> Low liquidity on a platform makes the last price more susceptible to large orders.</span></div></li></ul><div class="ace-line ace-line old-record-id-AXmbdYup4obFaexO3Fbu9UMWsbh"><span style="font-size: 16px;">This is an important warning signal for traders, indicating elevated market risk and potential severe slippage. </span></div><div class="ace-line ace-line old-record-id-doxusFaKykc64YwRE2cHPN7w41b"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Tqc2dVqKXoUW4qxC4NZuiuzksmb"><span style="font-size: 16px;">Recommended Reading:</span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-FlUtdG80doqlAOxagELuaYcLsDe" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448" style="font-size: 16px;">Futures Trading FAQ: A Complete Beginner's Guide</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-BdRrdZqVdoWdhqxxxhRuV85usEf" data-list="bullet"><div><a href="https://www.mexc.com/support/article/time-in-force-tif-for-futures-trading-305427906242034688" data-lark-is-custom="true" style="font-size: 16px;">Time in Force (TIF) for Futures Trading: A Complete Guide</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Vb3WdeSJxoz3OTxqQ6xuuQPzshd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505" data-lark-is-custom="true" style="font-size: 16px;">Futures Trading Page Terminology Guide</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IRs1d3BTNoIpzjxdnYlutfEAsce" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-complete-guide-to-futures-information-terminology-305436590665908224" data-lark-is-custom="true" style="font-size: 16px;">A Complete Guide to Futures Information Terminology</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Pa4wdUmYBoV2KOxcnwVuMzstsDe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on the MEXC App</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Fo71dkduqoa1hrx6CyfucxRqswg" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on MEXC Web</a></div></li></ul><div class="ace-line ace-line old-record-id-doxusWR59HSOyPI4t5hHx41prih"><span style="font-size: 16px;"><br></span></div></div>

<div data-page-id="QAXCdSKp3ovrG7xZfhHuAw6psvb" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-doxusTdSRATg8afYygRhs4QGg3g"><strong>1. What Is Liquidation?</strong></h2><div class="ace-line ace-line old-record-id-U9xddrwh9oajYWxNPo2uFxQvsZc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RrtCdNieyo1xNVxAYUHuszzVsgd"><span style="font-size: 16px;">Liquidation, also referred to as forced closure or margin call, occurs when the platform automatically closes a user's position. On MEXC, the maintenance margin rate (MMR) is the key indicator of a user's position risk and overall asset exposure. When the MMR reaches or exceeds 100%, the system will automatically liquidate the position. Users are strongly advised to monitor changes in their MMR closely to avoid liquidation.</span></div><div class="ace-line ace-line old-record-id-doxus77cPplSKzsI5xH4oWMsySf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusXNFoQ4eICatMFSumDtP6bh"><strong>2. What Triggers Liquidation on MEXC?</strong></h2><div style="white-space:pre;" class="ace-line ace-line old-record-id-doxusSDlrZFAlaLxo8Nk89v3q8e"><span style="font-size: 16px;"> MEXC uses the fair price as the trigger for liquidation. When the fair price reaches the liquidation price, the liquidation mechanism is activated. Using the fair price as a reference helps improve market stability and reduces unnecessary liquidation during periods of abnormal market fluctuations.</span></div><div class="ace-line ace-line old-record-id-Zgsod8uX4oK9PJxoSkBulmK8sqb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XaLadiGDGoqHCDxeRczuDq1FsAb"><span style="font-size: 16px;">Users can view the current fair price and its explanation at the top of the trading page. Additionally, at the top of the candlestick chart, users can switch between the fair price, the last price, and the index price to easily track the trends of all three prices.</span></div><div class="ace-line ace-line old-record-id-VSpbdp2blo0tuWxOS8Vuluossqe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"4c5d3677-18c3-4ca3-8fd0-472522fe0806","height":1298,"width":2268,"currHeight":1298,"currWidth":2268,"natrualHeight":1298,"natrualWidth":2268,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FKUELbfUodoLA3PxhMTpuc88YscS%2F%3Fpreview_type%3D16","file_token":"KUELbfUodoLA3PxhMTpuc88YscS","image_type":"image/png","size":589158,"comments":[]}]}" class="image-uploaded gallery old-record-id-Wo1AdjynzoH0tZxcc1ZuXVezsch"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174212532lhp9LtjS9TFuEX.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJLVUVMYmZVb2RvTEEzUHhoTVRwdWM4OFlzY1MiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiV28xQWRqeW56b0gwdFp4Y2MxWnVYVmV6c2NoIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9LVUVMYmZVb2RvTEEzUHhoTVRwdWM4OFlzY1MvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/KUELbfUodoLA3PxhMTpuc88YscS/?mount_node_token=Wo1AdjynzoH0tZxcc1ZuXVezsch&mount_point=docx_image" data-width="2268" data-height="1298" data-lark-image-uri="drivetoken://KUELbfUodoLA3PxhMTpuc88YscS" data-lark-image-width="2268" data-lark-image-height="1298" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusuFIpTOMApSWqi8tDhGIfwt"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusJplf24Qw2dWyO0wJxbEG5p"><strong>3. How Does the Liquidation Process Work?</strong></h2><div class="ace-line ace-line old-record-id-ZG5UdZaF4oHFQCxEzH5ujutrste"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusofLJqRUEWtLgSNFmu9xjlo"><span style="font-size: 16px;">When liquidation is triggered, the system will execute a tiered liquidation based on the user's position risk limit to prevent the entire position from being liquidated and to better manage risks.</span></div><div class="ace-line ace-line old-record-id-doxusRSkiu0ukNnJaPToAFVRW4f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxus5y6VtLGK8xhIZL3iJTikKb"><strong style="font-size: 16px;">Order Cancelation</strong></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-OMSwd9UeNopA3vxD1N2u0wWns2d" data-list="bullet"><div><span style="font-size: 16px;"><strong>Cross Margin Mode:</strong> All open orders under the account are canceled.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-MLZrdiMsZotkwHxlDU4uGAIIsUf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Isolated Margin Mode (when the </strong><strong>auto-margin addition feature</strong><strong> is enabled):</strong> All open orders for the affected contract are canceled.</span></div></li><li class="ace-line ace-line old-record-id-Dnv5dgY61omh9jx01KwuAMpwsye" data-list="bullet"><div><span style="font-size: 16px;">After canceling orders, if the maintenance margin rate still equals or exceeds 100%, the process moves on to the next step.</span></div></li></ul><div class="ace-line ace-line old-record-id-QJMqdSYNAoYUf7xWKUgus3dDsEz"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IXVFdZ1gpo3GSXxSpiNuFHhmsqb"><strong style="font-size: 16px;">Long-Short Self Trading</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-BMXmdTDw7oy3MZxr8RluztMfs7g" data-list="bullet"><div><span style="font-size: 16px;">In cross margin mode, if both long and short positions exist simultaneously, the system will automatically reduce positions by performing self trading. </span></div></li><li class="ace-line ace-line old-record-id-Zrxkdp8hsoiVQ3xMTyiucmyPs1b" data-list="bullet"><div><span style="font-size: 16px;">This step only applies in <strong>cross margin mode</strong>. After completing self-trading, if the margin rate is still 100% or higher, the system will proceed to the next step.</span></div></li></ul><div class="ace-line ace-line old-record-id-TjHVdBBkIoJGggxPwvruAlpIs8f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AdxPdECkbolsKzxwbRIuVra6snc"><strong style="font-size: 16px;">Tiered Liquidation</strong></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-PPM8doYrLoJId3xPfOTuNhVRsoc" data-list="bullet"><div><span style="font-size: 16px;"><strong>Lowest Risk Tier:</strong> If the position is already in the lowest risk limit tier, the process moves on to the next step.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ThMKdZoTVozsjwxG36Nu88A1sAd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Higher Risk Tiers:</strong> If the position is at a higher risk limit tier, the system will liquidate part of the position at the bankruptcy price to reduce the risk limit tier. The system will then recalculate the margin rate based on the new, lowered maintenance margin rate. If the margin rate remains 100% or higher, the tiered liquidation process continues until the lowest tier is reached.</span></div></li></ul><div class="ace-line ace-line old-record-id-IqlDdaNiBoS5TJxGCuTut3HWs9d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NuyMdSuplomdfNxgpUFuYpzKsrf"><strong style="font-size: 16px;">Full Liquidation</strong></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-P1OddOiqPoZzi3xyQj9u6af8sAb" data-list="bullet"><div><span style="font-size: 16px;">When the position is at the lowest risk tier but still has a margin rate at or above 100%, the remaining position is fully taken over by the liquidation engine at the bankruptcy price.</span></div></li><li class="ace-line ace-line old-record-id-HeRJdCqg7oQn1mxup1ZupQx4sCh" data-list="bullet"><div><span style="font-size: 16px;">Note: Liquidations are handled by the liquidation engine and do not go through the matching engine, so the bankruptcy price is not reflected in transaction records or on the price chart.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxushWSz2yoMgXEiyHpgcSiGUc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-doxus2bzIVQ1xmNvXipfTFSSc3g"><span style="font-size: 16px;">After Liquidation Engine Takeover:</span></h3><div class="ace-line ace-line old-record-id-doxusrmdVtP7iJJ9SjXeYYu6zgh"><span style="font-size: 16px;">Once a user's position is taken over by the liquidation engine at the bankruptcy price, if it can be executed at a price better than the bankruptcy price, any remaining margin will be added to the insurance fund.</span></div><div class="ace-line ace-line old-record-id-doxusJIFNwZBBQnUMlkYdli5UHh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Cvrad14SuoFtAyxBuVcuHteps86"><span style="font-size: 16px;">If the position cannot be executed at a price better than the bankruptcy price, the resulting deficit will be covered by the insurance fund. Finally, if the insurance fund is insufficient to cover the loss, the position will be passed on to the auto-deleveraging (ADL) system.</span></div><div class="ace-line ace-line old-record-id-GvSBdDGcAoI51IxGyxcuifF4sgf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusxBr1vln5HQFDdGX0oEE3ud"><strong>4. How to View Liquidation Orders</strong></h2><div class="ace-line ace-line old-record-id-Sezhd2kcSo4I5yxg3KWuhUCQsLc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusky82kMmDejmLYbb3MkFYEf"><span style="font-size: 16px;">Liquidation orders can be found in the <strong>Position History</strong> section.</span></div><div class="ace-line ace-line old-record-id-BANydpasDooDbDxnQvkudVImsCD"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-doxuskWPHHu33sdgOCcykVnV0Xf"><span style="font-size: 16px;">4.1 App</span></h3><div class="ace-line ace-line old-record-id-KhmVdmFxWogNKaxAYY1uzDVRsPc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusOaBqyHPIPdLI80vu9j1V2g"><strong style="font-size: 16px;">Method 1</strong></div><div style="text-align:left" class="ace-line ace-line old-record-id-HCSjdqbGxoC4oaxzgLluRfwBsWd"><span style="font-size: 16px;">1）Log in to the MEXC App and click <strong>Futures</strong> at the bottom to enter the Futures Trading page.</span></div><div class="ace-line ace-line old-record-id-AR3hdDuSIoYW1oxSk7mubJSZsnd"><span style="font-size: 16px;">2）Click the order icon in the order section.</span></div><div class="ace-line ace-line old-record-id-SpGKdMlExoH5JSxDgDQuHs4VsWe"><span style="font-size: 16px;">3）Check your liquidated orders in <strong>Position History</strong>.</span></div><div class="ace-line ace-line old-record-id-MYK1dDlOOoupGOxdCUxuC2Vysih"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"05fb4a27-d4b3-4c2c-ae5f-dd3717c01f9b","height":2157,"width":3129,"currHeight":2157,"currWidth":3129,"natrualHeight":2157,"natrualWidth":3129,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FLlHAbIacNobxwExSh5Muojb9sdg%2F%3Fpreview_type%3D16","file_token":"LlHAbIacNobxwExSh5Muojb9sdg","image_type":"image/png","size":1141047,"comments":[]}]}" class="image-uploaded gallery old-record-id-P6MpdjdBxo67BrxWyMNuelBwsAh"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260211152437225sopQTF7uqNBMMU.png" style="max-width: 100%; height: auto; border-radius: 12px; width: 750px;" data-host-from-cloud="true"></div><div class="ace-line ace-line old-record-id-doxusbMGnx3I9YfnmUSULQof1be"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusrFmTW0QUng5wW2WCCUmO4c"><strong style="font-size: 16px;">Method 2</strong></div><div style="text-align:left" class="ace-line ace-line old-record-id-OZBKdzDnvoFXS8x7WJiuQzbCsPb"><span style="font-size: 16px;">1）Log in to the MEXC App and tap <strong>Wallets</strong> at the bottom to enter the Wallets page.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-V6ridjb3noYIXlxq5X4uDaBbsbs"><span style="font-size: 16px;">2）Select the Futures tab and click the order icon on the right.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-Cf3ndLMzdo4voUxRP59uxKw8sRc"><span style="font-size: 16px;">3）View your liquidated orders in <strong>Position History</strong>.</span></div><div class="ace-line ace-line old-record-id-QqF6drqA1opFCFxx7Fvuot81syd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"65cc9cc9-3688-4fe1-bc48-8e6130b63542","height":2160,"width":3129,"currHeight":2160,"currWidth":3129,"natrualHeight":2160,"natrualWidth":3129,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FY8J4byRJZot7IaxFhgBunb8tsRd%2F%3Fpreview_type%3D16","file_token":"Y8J4byRJZot7IaxFhgBunb8tsRd","image_type":"image/png","size":1062486,"comments":[]}]}" class="image-uploaded gallery old-record-id-BQv8dPaqnoVt6Vxsk96uTnLVsRb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F2026021115242316710dIqAGy4fF86A.png" style="max-width: 100%; height: auto; border-radius: 12px; width: 750px;" data-host-from-cloud="true"></div><div class="ace-line ace-line old-record-id-SAipdRbcroAIg4xqh1puGW7Gsif"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-doxusa5ovlW5dZp1ywWdR2WDTqh"><span style="font-size: 16px;">4.2 Web</span></h3><div class="ace-line ace-line old-record-id-HgQ0dqquAoScUlxQXF0u7mM0sSd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vh64dRbKToHBPAxOrfJu4tFosRb"><span style="font-size: 16px;">On the website, log in and click <strong>Futures Orders</strong> under <strong>Orders</strong> in the top-right navigation bar.</span></div><div class="ace-line ace-line old-record-id-OdsYd2JAAoyKMpxGNUMucMWOsyd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"a71250e7-80be-454c-8e10-aaa4d49693bb","height":1274,"width":2870,"currHeight":1274,"currWidth":2870,"natrualHeight":1274,"natrualWidth":2870,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FSrwwbNi8fo2yb0xdBWBuXCWxsdb%2F%3Fpreview_type%3D16","file_token":"SrwwbNi8fo2yb0xdBWBuXCWxsdb","image_type":"image/png","size":418738,"comments":[]}]}" class="image-uploaded gallery old-record-id-XnlldL2VfoIGglxnQX4uLpcrs2c"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174216736Ptw8NIfXqJJ2ZH.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJTcnd3Yk5pOGZvMnliMHhkQldCdVhDV3hzZGIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiWG5sbGRMMlZmb0lHZ2x4blFYNHVMcGNyczJjIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9Tcnd3Yk5pOGZvMnliMHhkQldCdVhDV3hzZGIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/SrwwbNi8fo2yb0xdBWBuXCWxsdb/?mount_node_token=XnlldL2VfoIGglxnQX4uLpcrs2c&mount_point=docx_image" data-width="2870" data-height="1274" data-lark-image-uri="drivetoken://SrwwbNi8fo2yb0xdBWBuXCWxsdb" data-lark-image-width="2870" data-lark-image-height="1274" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusjKUeMbA23lmfqX7kgsB0Mh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Wuw2dCztjoqulIxBTKduxEfssBt"><span style="font-size: 16px;">Under <strong>Position History</strong>, you can view your liquidated orders.</span></div><div class="ace-line ace-line old-record-id-PIQMdf38Co7ANcxsKrCu0ZZFsfe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"e9759685-42cb-4cc4-9c98-ee100e9c822c","height":1016,"width":2872,"currHeight":1016,"currWidth":2872,"natrualHeight":1016,"natrualWidth":2872,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FX9VXbimtpoVgrqxxH05ukAvKsLg%2F%3Fpreview_type%3D16","file_token":"X9VXbimtpoVgrqxxH05ukAvKsLg","image_type":"image/png","size":374875,"comments":[]}]}" class="image-uploaded gallery old-record-id-QPHddYBi7oWkjGxELknulAaxsIh"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174210384UenERbWNzMfvdT.png" data-single-block="true" data-snapshot="eyJ0eXBlIjoiaW1hZ2UiLCJwYXJlbnRfaWQiOiJRQVhDZFNLcDNvdnJHN3haZmhIdUF3NnBzdmIiLCJjb21tZW50cyI6W10sInJldmlzaW9ucyI6W10sImxvY2tlZCI6ZmFsc2UsImhpZGRlbiI6ZmFsc2UsImF1dGhvciI6Ijc0MjIxMDg5NzE5Mjc4NjMzMDIiLCJhbGlnbiI6ImNlbnRlciIsImltYWdlIjp7InRva2VuIjoiWDlWWGJpbXRwb1ZncnF4eEgwNXVrQXZLc0xnIiwibWltZVR5cGUiOiJpbWFnZS9wbmciLCJzaXplIjozNzQ4NzUsInNjYWxlIjoxLCJ3aWR0aCI6Mjg3MiwiaGVpZ2h0IjoxMDE2LCJuYW1lIjoiaW1hZ2UucG5nIiwiY3JvcCI6WzAsMCwwLDBdLCJyb3RhdGlvbiI6MCwiY2FwdGlvbiI6eyJ0ZXh0Ijp7ImFwb29sIjp7Im5leHROdW0iOjAsIm51bVRvQXR0cmliIjpudWxsfSwiaW5pdGlhbEF0dHJpYnV0ZWRUZXh0cyI6eyJhdHRyaWJzIjpudWxsLCJ0ZXh0IjpudWxsfX19fSwiYXJlYV9jb21tZW50cyI6bnVsbH0=" data-suite="eyJmaWxlVG9rZW4iOiJYOVZYYmltdHBvVmdycXh4SDA1dWtBdktzTGciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiUVBIZGRZQmk3b1drakd4RUxrbnVsQWF4c0loIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9YOVZYYmltdHBvVmdycXh4SDA1dWtBdktzTGcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/X9VXbimtpoVgrqxxH05ukAvKsLg/?mount_node_token=QPHddYBi7oWkjGxELknulAaxsIh&mount_point=docx_image" data-width="2872" data-height="1016" data-lark-image-uri="drivetoken://X9VXbimtpoVgrqxxH05ukAvKsLg" data-lark-image-width="2872" data-lark-image-height="1016" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxushTVGag3grSU2UGbLywnlqg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Gmq9dwo3lor5Hyxbq4LudvV5ssf"><strong>5. Explanation of Maintenance Margin and Maintenance Margin Rate</strong></h2><div class="ace-line ace-line old-record-id-ToTVdWEbsoXHElxyUXJuk2jpszb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SgIIdnoNQoQkaYxQcNkuWcsPsAc"><span style="font-size: 16px;">5.1 Maintenance Margin Rate</span></h3><div class="ace-line ace-line old-record-id-DjtkdB8x1oglI7xtoXNublGssxb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-T0PJd7ZvFoFqXsxGWyluzbnusVc"><span style="font-size: 16px;">The maintenance margin rate (MMR) is a risk indicator that is dynamically calculated based on your current position. When the MMR reaches 100% or higher, it means your margin is not sufficient to maintain your position, and the system will trigger liquidation.</span></div><div class="ace-line ace-line old-record-id-KAGHdrczBoG1SLx3XlYuumaQsQb"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-FLn0dTaExo3L7axP1nAuILiNsHg"><span style="font-size: 16px;"><strong>Calculation formula:</strong> MMR = (Maintenance Margin + Liquidation Fee) / (Position Margin + Unrealized PNL)</span></div><div class="ace-line ace-line old-record-id-BFKVdykHWozFekxBYuouUUGvsFf"> <span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VVS1dYBOhoa4G1xZMLsuXU7bsgf"><strong style="font-size: 16px;">Risk Assessment:</strong></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-DLZEdPY47oJLo3xT7L2uqZ7YsNc" data-list="bullet"><div><span style="font-size: 16px;">MMR < 100%: The position still has a safety buffer.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-BZYAdL5pyowI8KxcjwvuZ16ssUb" data-list="bullet"><div><span style="font-size: 16px;">MMR = 100%: The position value is just enough to meet the minimum requirement (Maintenance Margin + Liquidation Fee). Liquidation is triggered at this point.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-C9lzd8j1io4YACxFSViunBmMsxc" data-list="bullet"><div><span style="font-size: 16px;">MMR > 100%: The position value has fallen below the minimum requirement, and the system will begin the liquidation process.</span></div></li></ul><div class="ace-line ace-line old-record-id-TRwwdj5lAoVElvxsfTxuzZHps7g"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Z0p5du2OPo8wpJx5Yp6u723IsQd"><span style="font-size: 16px;">5.2 Maintenance Margin and Maintenance Margin Rate</span></h3><div class="ace-line ace-line old-record-id-JtuFdBRuioE9oHxwZbfu4nKysEh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JRR7djwt9oXx0Rxp1BKuQmE9sMd"><strong style="font-size: 16px;">5.2.1 Why Does Maintenance Margin Exist?</strong></div><div class="ace-line ace-line old-record-id-B4tIddo9cooYQKx75JvuTMwOsyf"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-YLfPdPdFloaGLdxV6znuxVtysbf"><span style="font-size: 16px;">The maintenance margin is the minimum margin required to keep a position open. When the account margin falls below this threshold, the system will trigger liquidation or partial liquidation. It is a necessary mechanism to protect positions and control the risk of liquidation. </span></div><div class="ace-line ace-line old-record-id-GOVsdYdIgotJtHxezbKus3CysOc"><strong style="font-size: 16px;">Calculation formulas:</strong></div><ul start="1" class="list-bullet1"><li style="white-space:pre;;text-align:left" class="ace-line ace-line old-record-id-JltndmGISo5Lw4xsBHguhCERskc" data-list="bullet"><div><span style="font-size: 16px;">USDT-Margined Futures: Maintenance Margin = Average Entry Price × Cont. × Size × Maintenance Margin Rate</span></div></li><li style="white-space:pre;;text-align:left" class="ace-line ace-line old-record-id-SX4tdLNenoXI87xeDc8uxyGysKf" data-list="bullet"><div><span style="font-size: 16px;">Coin-Margined Futures: Maintenance Margin = (Size × Cont. / Average Entry Price) × Maintenance Margin Rate</span></div></li></ul><div style="white-space:pre;" class="ace-line ace-line old-record-id-J64sdBbgloapXfx0QxKu5hKTsQb"><span style="font-size: 16px;"> The maintenance margin directly affects the liquidation price and can be considered the "locked" portion of margin used for risk management. The larger the position size, the more margin must be locked, which means the maintenance margin rate will increase accordingly. We strongly recommend that users close their positions before their available margin balance falls to the maintenance margin level to avoid liquidation. </span></div><p><br></p><div class="ace-line ace-line old-record-id-UciCd2mX8oYAl8xSCT9ucd5asKb"><strong style="font-size: 16px;">5.2.2 What Is the Maintenance Margin Rate?</strong></div><div class="ace-line ace-line old-record-id-UcjldMDMsoaRgAx8pmluNx33sGh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OlYydzLs7onuCMx6umYu5d1fs4G"><span style="font-size: 16px;">The maintenance margin rate (MMR) is calculated based on the size of a user's position, rather than the leverage multiplier. This means the MMR is not affected by the leverage chosen. The system divides position sizes into multiple tiers according to the Future's base risk limit and incremental thresholds. Each tier corresponds to a different MMR: the larger the position, the higher the MMR. Details on the MMR and risk limit tiers for each Perpetual Futures can be found under <strong>Futures Overview</strong> → <strong>Information</strong> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/risk_limit?symbol=BTC_USDT&type=linear_swap&utm_source=mexc&utm_medium=newfuturesheader&utm_campaign=risk_limit">Risk Limits</a></strong>.</span></div><div class="ace-line ace-line old-record-id-EKhMdcLAVo0Wn2xk7iTu3VtmsZ3"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Js8zdQ84HoN6q6xYMhGuLOFfscd"><span style="font-size: 16px;"><strong>Example:</strong> If User A's MMR is 1% and they use 100 USDT as margin, 1 USDT will be locked. When the unrealized loss reaches 99 USDT, the position will be liquidated, rather than waiting until the full 100 USDT is lost. This mechanism helps the platform manage risk more effectively.</span></div><div class="ace-line ace-line old-record-id-JVJodhLqqozrhCxTDWyugmeOsAc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WkLadWqV6odFp6xj61ru93X2std"><span style="font-size: 16px;"><strong>Note:</strong> In cases of abnormal price fluctuations or extreme market conditions, the system may take additional measures to maintain market stability, including but not limited to:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-FGLkdfgcdoY7vyxU8qEuWdAtsMe" data-list="bullet"><div><span style="font-size: 16px;">Adjusting the maximum leverage for Futures</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-S4Lcd24jDoD9qCxPoomutvGgsxB" data-list="bullet"><div><span style="font-size: 16px;">Adjusting position limits across different tiers</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Yg5rd9uVEoglddx09W9uwxhTsQb" data-list="bullet"><div><span style="font-size: 16px;">Adjusting the MMR across different tiers</span></div></li></ul><div class="ace-line ace-line old-record-id-Mdiqd7etpoFKPMxwQD2uPhUys7f"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UszDdQVFpo1TpWxtZNwucywCsrb"><strong>6. Liquidation Price Calculation</strong></h2><div class="ace-line ace-line old-record-id-Vh4CdjXcso2JERx9432u0h2hs7c"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KXDddbF8KoaUkyxj2TXuoRUWsAh"><span style="font-size: 16px;">6.1 Calculation of Liquidation Price in Isolated Margin Mode</span></h3><div class="ace-line ace-line old-record-id-FNfTdKKqwofM8Xx1BAtuhXBZsQd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XtzwdcOIKos5I6xcXrvuHc2Tsqg"><span style="font-size: 16px;"><strong>Liquidation condition: </strong>A position will be liquidated when the Position Margin + Unrealized PNL ≤ Maintenance Margin + Liquidation Fee. </span></div><div class="ace-line ace-line old-record-id-J2kgd4ZSAoYb2uxf3FYuyesLscb"><span style="font-size: 16px;">In other words, liquidation is triggered when the maintenance margin rate (MMR) = 100%, and the liquidation price can be derived from this condition. (For simplicity, the following example ignores the liquidation fee.)</span></div><div class="ace-line ace-line old-record-id-Jg9Xd0l0eoXsdTx1czvuTI4HsJe"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;;text-align:left" class="ace-line ace-line old-record-id-MZ9zdnEJao2cfTxvdpPuiprws7b"><span style="font-size: 16px;"><strong>Long position:</strong> Liquidation Price = (Maintenance Margin – Position Margin + Average Entry Price × Cont. × Size) / (Cont. × Size)</span></div><div style="white-space:pre;;text-align:left" class="ace-line ace-line old-record-id-VkobdfdXeoBNpcxempJuBsxHsJe"><span style="font-size: 16px;"><strong>Short position:</strong> Liquidation Price = (Average Entry Price × Cont. × Size – Maintenance Margin + Position Margin) / (Cont. × Size)</span></div><div class="ace-line ace-line old-record-id-N1Hodfk94ordW9xgZLfu6VEwsHc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DBBFdjAsuoXUalxpq2du1wGLs3f"><span style="font-size: 16px;"><strong>Example: </strong>A user buys 10,000 cont. of BTCUSDT Perpetual Futures at an Average Entry Price of 8,000 USDT with 25x leverage, opening a long position. (Assume the 10,000 cont. fall under the first risk tier with a maintenance margin rate of 0.5%.)</span></div><div class="ace-line ace-line old-record-id-ZTEadurSqoGxHaxkGNKulq5Ysjc"><span style="font-size: 16px;"><br></span></div><div style="text-align:left" class="ace-line ace-line old-record-id-PxnydOj20oNBatxQoOuuRC0tsSe"><span style="font-size: 16px;">Maintenance Margin = 8,000 × 10,000 × 0.0001 × 0.5% = 40 USDT</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-XZtOddFhroElptx0XKyuRA2bshg"><span style="font-size: 16px;">Position Margin = (8,000 × 10,000 × 0.0001) / 25 = 320 USDT</span></div><div class="ace-line ace-line old-record-id-QVihdIZLyouRgbxIdXmukzZLsNg"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-RiCqdVBucozTvaxXGLDu4zuNsKc"><span style="font-size: 16px;">Liquidation Price for the long position: (40 – 320 + 8,000 × 10,000 × 0.0001) / (10,000 × 0.0001) = 7,720 USDT</span></div><div class="ace-line ace-line old-record-id-BoEXd6999oeyLUxzCvNuWIKRsYg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Bz5LdsvaNov8emxcpYmuIK1dsab"><span style="font-size: 16px;">In isolated margin mode, users can manually add margin to increase the buffer between the liquidation price and the entry price, thereby lowering the risk of liquidation. When the risk level of a position is high, adding extra margin is an effective way to reduce exposure.</span></div><div class="ace-line ace-line old-record-id-D6Q9dWrbPoF8oixoXNQur5klsIf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ISa0dEK91ooLbqxwyBUuR7UbsOg"><span style="font-size: 16px;">6.2 Calculation of Liquidation Price in Cross Margin Mode</span></h3><div class="ace-line ace-line old-record-id-SqjHdJnAXob2vVxrPXduFsU8s2Y"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EK1Kd0Mc2oNfzUxtpQAuV8bEsbh"><span style="font-size: 16px;"><strong>Liquidation condition: </strong>A position will be liquidated when the equity in cross margin mode (excluding isolated margin, isolated Unrealized PNL, and all order margins) ≤ Cross Margin Maintenance Margin + Liquidation Fee. In other words, liquidation is triggered when the maintenance margin rate (MMR) = 100%, and the liquidation price can be derived from this condition. (For simplicity, the following example ignores the liquidation fee.)</span></div><div class="ace-line ace-line old-record-id-NW99dZDpHocA7Gx5Xy7uVVJHsNb"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-KMMCddlpJoYl3dx0JWXuXE1Zs9b"><span style="font-size: 16px;"><strong>Formula:</strong> Liquidation Price = (Average Short Entry Price × Short Position Cont. × Size – Average Long Entry Price × Long Position Cont. × Size – Cross Margin Maintenance Margin + (Wallet Balance – Isolated Position Margin – Order Margin + Unrealized PNL of other cross margin positions)) / (Short Position Cont. × Size – Long Position Cont. × Size)</span></div><div class="ace-line ace-line old-record-id-QwUhdfiEro0hQAxML0GuuFRWs5d"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-Fk6bdSzVoodrMexfDTxu0PMLske"><span style="font-size: 16px;"><strong>Example:</strong> A user buys 10,000 cont. of BTCUSDT Perpetual Futures at an Average Entry Price of 8,000 USDT with 25x leverage, using 500 USDT wallet balance. The user holds only this single long cross margin position, with no isolated positions and no active open orders. (Assume the 10,000 cont. fall under the first risk tier with a maintenance margin rate of 0.5%.)</span></div><div class="ace-line ace-line old-record-id-WDwgdd521oMa6Ox8hIeuiP9UsXg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CYs4d732WonkkMxQVKVu5jmWsTh"><span style="font-size: 16px;">Cross Margin Maintenance Margin = 8,000 × 10,000 × 0.0001 × 0.5% = 40 USDT</span></div><div class="ace-line ace-line old-record-id-KzwPdpGaao2latxU3AvuztNnskd"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-ADpsdIMiloXerBxPBvGuHYa4stc"><span style="font-size: 16px;">Liquidation Price: (0 × 0 × 0.0001 – 8,000 × 10,000 × 0.0001 – 40 + (500 – 0 – 0 + 0)) / (0 × 0.0001 – 10,000 × 0.0001) = 7,540 USDT</span></div><div class="ace-line ace-line old-record-id-VTmed2KDCoSjLixLm5wuoCR1syc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-B3cfddNvzoOhCYxE1P2uZPR0sqb"><span style="font-size: 16px;">Unlike isolated margin mode, the liquidation price in cross margin mode may change at any time, since the margin is constantly affected by positions in other trading pairs. In cross margin mode, each position has its own independent initial margin, but the margin pool is shared. The unrealized PNL of every position impacts the overall cross margin account balance. Moreover, if a user holds both long and short cross margin positions under the same Future, the liquidation price will be the same for both directions.</span></div><div class="ace-line ace-line old-record-id-NopRdP6ycovf9YxKlzeuxHvmsbb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-IpbIdo112om8S9xmQmFuAmSSsnO"><strong>7. Is the Liquidation Price the Same as the Takeover Price?</strong></h2><div class="ace-line ace-line old-record-id-Xk27dH967oAxeAx3cUuuIhqDsEf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-K4OIdtuWJoOXmbxc3mgu6Lwfs1g"><span style="font-size: 16px;">The liquidation price is not the same as the takeover price. The liquidation price is only a trigger point. Once liquidation occurs, the liquidation engine will take over the user's position at the takeover price. In position history and "Share My PNL" page, the average close price shown is the takeover price.</span></div><div class="ace-line ace-line old-record-id-HkZJdxPfhoVTFUxtfCruHSwusrv"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QFEndkIcWonit0xIllTucxvdsLK"><span style="font-size: 16px;">The takeover price, also known as the bankruptcy price, refers to the price at which all the margin in the position has been completely lost. It represents the theoretical point where the account balance would be reduced to zero. In practice, this rarely occurs, because once the liquidation price is reached, the platform automatically liquidates the position to protect market liquidity.</span></div><div class="ace-line ace-line old-record-id-KZpsdSW4UoioLBxJXC9uphQKshg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"b9c16eb2-96a2-4443-b0f6-1511a594242b","height":823,"width":1459,"currHeight":823,"currWidth":1459,"natrualHeight":823,"natrualWidth":1459,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FWjvZbGniHoujILxft5kuIJ5ls7b%2F%3Fpreview_type%3D16","file_token":"WjvZbGniHoujILxft5kuIJ5ls7b","image_type":"image/png","size":435825,"comments":[]}]}" class="image-uploaded gallery old-record-id-DAX2dDjCto4DZwxUKGfucdPJs4g"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174213677jMhxEZlzoaCWSp.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJXanZaYkduaUhvdWpJTHhmdDVrdUlKNWxzN2IiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiREFYMmREakN0bzREWnd4VUtHZnVjZFBKczRnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9XanZaYkduaUhvdWpJTHhmdDVrdUlKNWxzN2IvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/WjvZbGniHoujILxft5kuIJ5ls7b/?mount_node_token=DAX2dDjCto4DZwxUKGfucdPJs4g&mount_point=docx_image" data-width="1459" data-height="823" data-lark-image-uri="drivetoken://WjvZbGniHoujILxft5kuIJ5ls7b" data-lark-image-width="1459" data-lark-image-height="823" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-HURZd5AdDoP04BxBpTyu7tbpsEf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VVF6d4bPYo2VbNxBAEXuzvaKs6e"><span style="font-size: 16px;">Example: SOLUSDT Liquidated Position Order Details</span></div><div><table class="ace-table" data-ace-table-col-widths="94;56;107;118;118;100;100" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="94"><col width="56"><col width="107"><col width="118"><col width="118"><col width="100"><col width="100"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Dicad0L8AoYo05x3JriugJBKsZe"><span style="font-size: 16px;"><br></span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-WSHmdLZtGoaMhjxy93Lu2LMmsob"><span style="font-size: 16px;">Leverage</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Bes5dTKGCoB6unxGHhEuA1VFsHg"><span style="font-size: 16px;">Average Entry Price</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Kr4odePltoTAVVxlDO3ugVcjsge"><span style="font-size: 16px;">Position Margin</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Y1OydSGmCozUEtx5kwLuq5qOs5d"><span style="font-size: 16px;">Position Value</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PsP1dSukmo6j5lxIrj0u6l1nsMd"><span style="font-size: 16px;">Liquidation Price</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Q7y2dkyndo8GpRxXrkHuzzG0szb"><span style="font-size: 16px;">Bankruptcy Price</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-R4sEd2rxJosZzVxAUFauBtHKsEh"><span style="font-size: 16px;">Before Liquidation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-EJycdj5oYoKCogxaWdGunvDQs7g"><span style="font-size: 16px;">100x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BSJkdjIpxoo3mHxzS3huduA2sIe"><span style="font-size: 16px;">196.09 USDT</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-IzjKdmohuogClvxXRWRuZu6xsl1"><span style="font-size: 16px;">1.3726 USDT</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-XjxHddhVaobT4Ex9hkcuSc96sbf"><span style="font-size: 16px;">137.263 USDT</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Kz7IdYAVmoacABxAOQTueCVUsmb"><span style="font-size: 16px;">/</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NGxqd0Pn1oSlLkxgMZWu0Glnslc"><span style="font-size: 16px;">/</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-AivQd1s3xom5YkxY6UGuxZ6ts8g"><span style="font-size: 16px;">After Liquidation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VjjOdocbDo5nj1xjjTYuKe07sIh"><span style="font-size: 16px;">100x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-QMmQddv0CoOPF9xBHb4u1hkYsph"><span style="font-size: 16px;">/</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PcpNdEcMUoKXY4xVRtruEwyvsND"><span style="font-size: 16px;">/</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Ljp7dHL7Eom22YxXbcLuzdpSskf"><span style="font-size: 16px;">137.263 USDT</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DJXtdx1bmofPKVxc5yUuFFWHsNb"><span style="font-size: 16px;">194.59 USDT</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ErHZd70ZYo0O4DxHISFuTcGfsac"><span style="font-size: 16px;">194.14 USDT</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-HoPwdYx4ooqSTkx2iIyuOpHasCc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GxyvdXuU8oQd8SxKRIFuMCFKsTg"><span style="font-size: 16px;">When the market fair price reached the liquidation price of 194.59 USDT, the long SOLUSDT position was liquidated. This portion of the position was then taken over by the liquidation engine at the bankruptcy price of 194.14 USDT.</span></div><div class="ace-line ace-line old-record-id-doxussh1m2ujYqFGnOWZli1H4Ie"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OIgJd0vnnoKJebxeSvyursElsge"><span style="font-size: 16px;">7.1 Why Isn't the Takeover Price Shown on the Candlestick Chart?</span></h3><div class="ace-line ace-line old-record-id-PH7gdAtoioTXIrx4SGwuNrDesOc"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"215e5042-f029-4055-a0f1-debd96059ec2","height":352.24719101123594,"width":380,"currHeight":352.24719101123594,"currWidth":380,"natrualHeight":660,"natrualWidth":712,"pluginName":"imageUpload","scale":0.5337078651685393,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FPXTVbfBYco1PeixnCJpuIQYJsxc%2F%3Fpreview_type%3D16","file_token":"PXTVbfBYco1PeixnCJpuIQYJsxc","image_type":"image/png","size":147237,"comments":[]}]}" class="image-uploaded gallery old-record-id-SUnddjPoBo440RxC9z6uhFV2sif"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174211381LjXX8y99LszkGc.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJQWFRWYmZCWWNvMVBlaXhuQ0pwdUlRWUpzeGMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiU1VuZGRqUG9CbzQ0MFJ4Qzl6NnVoRlYyc2lmIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9QWFRWYmZCWWNvMVBlaXhuQ0pwdUlRWUpzeGMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/PXTVbfBYco1PeixnCJpuIQYJsxc/?mount_node_token=SUnddjPoBo440RxC9z6uhFV2sif&mount_point=docx_image" data-width="712" data-height="660" data-lark-image-uri="drivetoken://PXTVbfBYco1PeixnCJpuIQYJsxc" data-lark-image-width="712" data-lark-image-height="660" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 500px;"></div><div class="ace-line ace-line old-record-id-A01ndjTrfoOtB6xWD1kuEmo8s5f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Aq1Wd2KpboYcwGxVNjyuhKLksrd"><span style="font-size: 16px;">When the mark price reaches the liquidation price, the system will take over the position at the takeover price (bankruptcy price). Since the liquidation process does not go through the matching engine, the takeover price may not appear on the candlestick chart. After liquidation, any remaining margin is transferred to the insurance fund. If the position goes into negative equity, the insurance fund will cover the shortfall. This is one of MEXC's risk control measures designed to prevent the auto-deleveraging (ADL) mechanism from being triggered during extreme market volatility.</span></div><div class="ace-line ace-line old-record-id-ICJZdKxiFoaaA6xvx9UuFidHshf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusJUue9eTJVoqJaQmOt2nlxh"><strong>8. What Is the Relationship Between Leverage and Liquidation Price？</strong></h2><div class="ace-line ace-line old-record-id-BKiKdbX4Po4x0Uxc4dNu4t5usGd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-VEwodU8F5o7Ta4xs6DYu7FiFsKX"><span style="font-size: 16px;">8.1 Leverage Determines the Maximum Position Limit</span></h3><div class="ace-line ace-line old-record-id-EpL8dVRb7ohrC2xJ4cquu1iqsJc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IjdgdtGrioYbODxVsuzumbWIsxe"><span style="font-size: 16px;">Using the BTCUSDT Perpetual Futures contract as an example (the following data is for illustration only; please refer to the <a data-lark-is-custom="true" href="https://www.mexc.co/futures/information/risk_limit">Risk Limits</a> list for actual values):</span></div><div class="ace-line ace-line old-record-id-QimUdBOYHo5U86xLQVauJdhQsLc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DgOMdFfuKokO6UxO9yluXgOWsxv"><span style="font-size: 16px;">When a user sets leverage to 200x, this corresponds to Tier 1 in the risk limits list. At this tier, the user's maximum position quantity is 525,000 cont. (including both open positions and pending opening order quantities).</span></div><div class="ace-line ace-line old-record-id-RLkWdZVajof74KxBKVPuYQcas6f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MD6AdKqOloIvYZxDRzhuSbFCsof"><span style="font-size: 16px;">When a user sets leverage to 50x, this corresponds to Tier 4 in the risk limits list (47 < Leverage ≤ 58). At this tier, the user's maximum position quantity is 2,100,000 cont. (including both open positions and pending opening order quantities).</span></div><div><table class="ace-table" data-ace-table-col-widths="100;149;267;178" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="100"><col width="149"><col width="267"><col width="178"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Z2H1dW2xMoV7ubxFabquvbWYsGh"><strong style="font-size: 16px;">Tier</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NvutdPuFcoOvfextWXSucdm9sUc"><strong style="font-size: 16px;">Maximum Leverage</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-RpLZdNerQotqBfxWrt4umarMsrg"><strong style="font-size: 16px;">Position Size Range (Cont.)</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-QtNodJSa9ooe4pxPBdnuOZD1sjc"><strong style="font-size: 16px;">Maintenance Margin Rate</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-H0TzdYfQTo8zfCxp74yuzDKnszf"><span style="font-size: 16px;">1</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XxMddjpE3oCvVhxqHlhuQZt9s8e"><span style="font-size: 16px;">200x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BkPJdbLnZo23W5xF612uu38WsUs"><span style="font-size: 16px;">0~525,000</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VI7sds44Tot3n4xmLOvua67Bs0g"><span style="font-size: 16px;">0.40%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-WxUHdycPRoirEaxoZdKuMq4Qsoe"><span style="font-size: 16px;">2</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HFpHdKccxo4f5sxTFWCu8kz4sUe"><span style="font-size: 16px;">111x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-D18CdCnkroTERqxNCmquKxD2sdb"><span style="font-size: 16px;">525,000~1,050,000</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TgUfdb0LCoTVWixPIHQuzHgKszc"><span style="font-size: 16px;">0.80%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ny1FdjgGto3DQJxvvd7uAfFvszb"><span style="font-size: 16px;">3</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KqNHdSQnCo3FiUxUIqxu9pgisjb"><span style="font-size: 16px;">76x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-FE4IdcP6ZoAG00xbtWHuNt4Isfo"><span style="font-size: 16px;">1,050,000~1,575,000</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TGBEdKbFfoppISxN6xpuBcO1sCg"><span style="font-size: 16px;">1.20%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HduOd0XwCoTBHvx6ZgXu5k9dsVb"><span style="font-size: 16px;">4</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SkJKdB3Hwo5eUjxErdruyIp7sMc"><span style="font-size: 16px;">58x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JHh1dvgNGog9u0xhoAiu6GIVsyb"><span style="font-size: 16px;">1,575,000~2,100,000</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-CDyKd1a5eou9H8xH9NzunVaysVf"><span style="font-size: 16px;">1.60%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DlZ6dBKpgo8IQ0xEDlYuacDgsYf"><span style="font-size: 16px;">5</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I34jdxWikooRAHx5ovyuxP5nsfc"><span style="font-size: 16px;">47x</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TIDIdYbDroVUgPxWDdcuvmbssgb"><span style="font-size: 16px;">2,100,000~2,625,000</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TYKedqhSHo1pJoxZor2uW0XYshd"><span style="font-size: 16px;">2.00%</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-KAyCdeCr6ocl4nxGVViuoreMsOg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XgGKdn3xgoSE1Zxe84KutEQfszh"><span style="font-size: 16px;">Assume the risk limit tiers for the BTCUSDT Perpetual Futures contract are as shown above (values are for illustration only; please refer to the <a data-lark-is-custom="true" href="https://www.mexc.co/futures/information/risk_limit">Risk Limits</a> list for each Future for the actual figures).</span></div><div class="ace-line ace-line old-record-id-OsOMdQtXMo9qdMxo5RvuZcAysCg"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-WAHXdz0Rjozq6QxzYGruIYAjsde" data-list="bullet"><div><span style="font-size: 16px;">In cross margin mode, the leverage only affects the amount of margin required and does not directly determine the liquidation price. The liquidation price in cross margin mode is determined by the account balance and the value of open positions.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-VehEdtUhVoMGCmxslfduGETVsVb" data-list="bullet"><div><span style="font-size: 16px;">In isolated margin mode, if the user does not adjust the margin after opening a position, higher leverage will cause the liquidation price to approach the entry price, increasing the risk of liquidation.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusNuoBSlKF93aChb2MRqUm6J"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusVh0kGpD1KHxnclqwsiw1jq"><span style="font-size: 16px;">In cross margin mode, here's how "effective leverage" works:</span></div><div class="ace-line ace-line old-record-id-K4U2dGJd9otVCHx5wuOuFD11s4c"><span style="font-size: 16px;">For example, suppose a user has 10 USDT in their account. In cross margin mode, if they select 10x leverage to open a position worth 10 USDT, the initial margin for that position would be calculated as follows:</span></div><div class="ace-line ace-line old-record-id-GUPndIV6PoKpexxYTtgu2Ym8sPe"><span style="font-size: 16px;">Initial Margin = Position Value / Leverage = 10 USDT / 10 = 1 USDT</span></div><div class="ace-line ace-line old-record-id-PBlJdrXxDo5LpkxT3dxuP9IMsKe"><span style="font-size: 16px;">This means 1 USDT from the user's account would be locked as margin, while the remaining 9 USDT would still be available for other positions.</span></div><div class="ace-line ace-line old-record-id-doxusF2rDGMPfo9hWTdYp3ZW7Uh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-As4TdMJdBo8AepxlIT3uy88ksVc"><span style="font-size: 16px;">Since the user is trading in cross margin mode, their entire account balance serves as available margin. This means all 10 USDT in their Futures account can be utilized for position risk management. Therefore, despite selecting 10x leverage, their effective leverage actually calculates to:</span></div><div class="ace-line ace-line old-record-id-KTzPdZAcFoFnsaxKJurudO20sPN"><span style="font-size: 16px;">Effective Leverage = Account Balance / Position Value = 10 USDT / 10 USDT = 1</span></div><div class="ace-line ace-line old-record-id-FxGXdOVyeo1JuDxF9KTumPsQsCd"><span style="font-size: 16px;">This demonstrates that in cross margin mode, leverage does not directly determine the liquidation price. Instead, the liquidation price depends primarily on the account's available margin and the value of the open positions.</span></div><div class="ace-line ace-line old-record-id-IWSid5AARoUxwtxEvBRurUcCsfc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ThLEdme3io05S6xVK1tumjjwsad"><span style="font-size: 16px;">8.2 Maintenance Margin Rate by Position Size Tier</span></h3><div class="ace-line ace-line old-record-id-UD13dHlQcoXE8RxaPjSu2JBUsIh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IR0KdbppYokZw7xDyA1ukdLjsfd"><span style="font-size: 16px;">User A buys 80,000 cont. in BTCUSDT Perpetual Futures at a price of 10,000 USDT with 50x leverage. At this point, the position size is 80,000 cont., which falls under Tier 1 in the Risk Limits list (position size range: 0-100,000 cont.). Therefore, the maintenance margin rate for this position is 0.5% under Tier 1.</span></div><div class="ace-line ace-line old-record-id-KZX9drNwMoQdj7xG79luQ8GFsQd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-K8iQdE3ztouV04xtyV1uBDZBsce"><span style="font-size: 16px;">Later, as the BTCUSDT price rises, User A increases the position by 40,000 cont., (bringing the total position size to 120,000 cont., which falls under Tier 2 in the Risk Limits list (position size range: 100,000-200,000 cont.). As a result, the maintenance margin rate rises to 1% under Tier 2.</span></div><div class="ace-line ace-line old-record-id-J6aadv9wfoeF5Vxm3zVu9AwrsGd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DflbdBElQoaJ23xcJz7uUrzQs6d"><span style="font-size: 16px;">At this stage, if the position reaches the liquidation threshold, liquidation will be triggered. Because the position is in a higher tier, tiered liquidation applies. The system will first liquidate 20,000 cont. (the portion in the current tier). After this partial liquidation, the position size decreases to 100,000 cont., moving it back to Tier 1, where the maintenance margin rate drops from 1% to 0.5%. The system will then reassess the remaining position: if it is still subject to liquidation, the remaining position will also be liquidated; if not, the remaining position will be retained.</span></div><div class="ace-line ace-line old-record-id-IDOLd1hsMoiJldxLVFeumc6Usrd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-W6aQd4EGKobVirx9kNqua1bTs0d"><strong>9. Why Is the Liquidation Position Value (in USDT) Different From the Initial Position Value?</strong></h2><div class="ace-line ace-line old-record-id-TjnNdAn4qoJeAoxBmEFulk5Usdh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JTQfdGxX2oViS7x6s3Budlzasfd"><span style="font-size: 16px;">When you set your contract unit to USDT, instead of quantity or cont., in USDT-Margined Futures Trading, the liquidated quantity shown in <strong>Position History</strong> may differ from your opening quantity. </span></div><div class="ace-line ace-line old-record-id-doxusS88qmFodKfEbA7jSAFZijd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusQ8lJ7mS1qlRZQYe7its02d"><span style="font-size: 16px;">This happens because while you hold the same number of tokens throughout, their value changes as prices fluctuate. Since liquidated amount (position value) is calculated by multiplying token quantity by the average execution price, the final liquidated amount will typically vary from your initial position size.</span></div><div class="ace-line ace-line old-record-id-WP0hdVEZ8o9ji7xrOHoumt2LsPf"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"68bad4bb-cbb5-4e46-8066-44665eb6128f","height":1336,"width":2874,"currHeight":1336,"currWidth":2874,"natrualHeight":1336,"natrualWidth":2874,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FSU5fbyvecoml7Jx5LSGuHqUzsxc%2F%3Fpreview_type%3D16","file_token":"SU5fbyvecoml7Jx5LSGuHqUzsxc","image_type":"image/png","size":661623,"comments":[]}]}" class="image-uploaded gallery old-record-id-ISoMdJSgZoSoAExybFbuovj5sTc"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174215831XxJkRH2oAmnkH9.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJTVTVmYnl2ZWNvbWw3Sng1TFNHdUhxVXpzeGMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiSVNvTWRKU2dab1NvQUV4eWJGYnVvdmo1c1RjIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9TVTVmYnl2ZWNvbWw3Sng1TFNHdUhxVXpzeGMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/SU5fbyvecoml7Jx5LSGuHqUzsxc/?mount_node_token=ISoMdJSgZoSoAExybFbuovj5sTc&mount_point=docx_image" data-width="2874" data-height="1336" data-lark-image-uri="drivetoken://SU5fbyvecoml7Jx5LSGuHqUzsxc" data-lark-image-width="2874" data-lark-image-height="1336" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-VWOcdTYTRo7Te8xPOqXu1Nljs81"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-XaNydXJiqomvlNxn5vsupGEosJf"><strong>10. How to Avoid Liquidation</strong></h2><div class="ace-line ace-line old-record-id-YAABdAxJyoTYAKxx3kxu5tE3sPc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BB51dhWQfo5hENxWk7LuSLoBs0g"><span style="font-size: 16px;">Before engaging in Futures trading, it is important to set realistic investment expectations and implement proper risk management, given the high volatility of Futures markets. This way, even if the market experiences sharp fluctuations, your losses can remain within a controllable range. For more details on preventing liquidation, please refer to: <a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791516472">How to Prevent Liquidation in Futures Trading.</a></span></div><div class="ace-line ace-line old-record-id-ZMbwdCYfRoGasXx2tzmueqsesue"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AsyGdKPvzow6vRxSY6ruWPXAsMc"><span style="font-size: 16px;">10.1 Add Margin or Reduce Leverage</span></h3><div class="ace-line ace-line old-record-id-SCAKdFNkeornfQxJj57uCR9Csvh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AfgUdtaDSoOVW9xQs1furnM6sMc"><span style="font-size: 16px;">You can reduce the risk of liquidation by adding additional margin or lowering your opening leverage. This increases the distance between the liquidation price and the market price, making liquidation less likely.</span></div><div class="ace-line ace-line old-record-id-TPIkdZ3rxoylgNxJoUYuy0kasZE"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BLvKds3oAoRupex5itfulzlWsfh"><span style="font-size: 16px;">10.2 Set Stop-Loss Orders</span></h3><div class="ace-line ace-line old-record-id-BCr7dETcCovR5wx0Iq2ufbHUsNH"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XW0qduFpfoQ1Tkx7TFxuZu5bsHc"><span style="font-size: 16px;">Setting a stop-loss price is one of the most effective ways to avoid liquidation. It helps you limit losses and reduce the risk of your position being liquidated.</span></div><div class="ace-line ace-line old-record-id-XVXIdJiYmoIFkPxgupmu940Wsyh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GQrMdnVcIoAH8rxZhxnuBKoqspg"><span style="font-size: 16px;">Note that stop-loss or take-profit orders may fail to execute due to extreme market volatility or insufficient position size to close. If triggered successfully, the order will be executed as a market order. However, because market orders are affected by volatility, the actual fill price may differ from the stop-loss price you set.</span></div><div class="ace-line ace-line old-record-id-NPxJdVnkBox8kDx1uRXuvEvcsjf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ShHYdxLgHoWG8CxHxmnu2S1qswc"><span style="font-size: 16px;">10.3 Set Liquidation Alerts</span></h3><div class="ace-line ace-line old-record-id-MxcrdptkOofAHYx73lcugF5vsQh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QLq1dTQrVod7T7x2KgZuWGEns6e"><span style="font-size: 16px;">In the Preferences section of the Futures trading page, you can enable Liquidation Alerts and set a margin rate threshold. When the maintenance margin rate of a position reaches or exceeds the threshold you set, MEXC will issue an alert. Each position can receive at most one alert every 30 minutes.</span></div><div class="ace-line ace-line old-record-id-MpYudK3o9opzhSx8KatuGmN9slm"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"82c7f17b-849e-4d89-8771-b19d30d048aa","height":1470,"width":2934,"currHeight":1470,"currWidth":2934,"natrualHeight":1470,"natrualWidth":2934,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FQCBQbbtDjo8dJfxFW80urrzdsMe%2F%3Fpreview_type%3D16","file_token":"QCBQbbtDjo8dJfxFW80urrzdsMe","image_type":"image/png","size":703648,"comments":[]}]}" class="image-uploaded gallery old-record-id-DwZhdS46zoASIzxv4souO1zPsCD"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260205174211290qiscVIh4ey5vxA.png" data-single-block="true" data-snapshot="eyJsb2NrZWQiOmZhbHNlLCJoaWRkZW4iOmZhbHNlLCJhdXRob3IiOiI3NDIyMTA4OTcxOTI3ODYzMzAyIiwiaW1hZ2UiOnsibWltZVR5cGUiOiJpbWFnZS9wbmciLCJoZWlnaHQiOjE0NzAsIm5hbWUiOiJpbWFnZS5wbmciLCJjcm9wIjpbMCwwLDAsMF0sImNhcHRpb24iOnsidGV4dCI6eyJhcG9vbCI6eyJudW1Ub0F0dHJpYiI6bnVsbCwibmV4dE51bSI6MH0sImluaXRpYWxBdHRyaWJ1dGVkVGV4dHMiOnsidGV4dCI6bnVsbCwiYXR0cmlicyI6bnVsbH19fSwidG9rZW4iOiJRQ0JRYmJ0RGpvOGRKZnhGVzgwdXJyemRzTWUiLCJzaXplIjo3MDM2NDgsInNjYWxlIjoxLCJ3aWR0aCI6MjkzNCwicm90YXRpb24iOjB9LCJjb21tZW50cyI6W10sInJldmlzaW9ucyI6W10sImFsaWduIjoiY2VudGVyIiwiYXJlYV9jb21tZW50cyI6e30sInR5cGUiOiJpbWFnZSIsInBhcmVudF9pZCI6IlFBWENkU0twM292ckc3eFpmaEh1QXc2cHN2YiJ9" data-suite="eyJmaWxlVG9rZW4iOiJRQ0JRYmJ0RGpvOGRKZnhGVzgwdXJyemRzTWUiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiRHdaaGRTNDZ6b0FTSXp4djRzb3VPMXpQc0NEIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9RQ0JRYmJ0RGpvOGRKZnhGVzgwdXJyemRzTWUvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/QCBQbbtDjo8dJfxFW80urrzdsMe/?mount_node_token=DwZhdS46zoASIzxv4souO1zPsCD&mount_point=docx_image" data-width="2934" data-height="1470" data-lark-image-uri="drivetoken://QCBQbbtDjo8dJfxFW80urrzdsMe" data-lark-image-width="2934" data-lark-image-height="1470" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-I34odhzqAoWfGKxJywiuDZ0vs1d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-S90udxIj9ogLxexhFlvunrzWsZb"><br></div></div>

<div data-page-id="MUagdgcA1oz88WxtrSDuI5tvs6f" data-lark-html-role="root" data-docx-has-block-data="false"><h2 class="heading-2 ace-line old-record-id-doxusktAGBZ2vSCsjq8YZKEqYQg"><strong>1. Feature </strong></h2><div class="ace-line ace-line old-record-id-doxusqoxSDcv1UDBrfFAauKmgCf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ZqsCdTYcuoNJJix338fut29WsPc"><span style="font-size: 16px;">1.1 What is the feature for opening futures positions using spot and Flexible Savings assets?</span></h3><div class="ace-line ace-line old-record-id-doxusobG44RhHFHKhJdt0v6ZP4c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ULZqdAPCdok8G6x25aIucSqFsee"><span style="font-size: 16px;">This feature is a fund management tool introduced by MEXC. When the available balance in your Futures account is not sufficient to open a position, the system can automatically use assets from your Spot account or Flexible Savings account to cover the required margin and execute the order.</span></div><div class="ace-line ace-line old-record-id-NkMNd1xdjoJhc4xQdjIutXdvsnd"><span style="font-size: 16px;">The purpose of this feature is to simplify fund allocation and improve efficiency when trading Futures. At present, only Flexible Savings assets can be used to open Futures positions on the web platform. Support for using spot assets and the mobile app will be available soon.</span></div><div class="ace-line ace-line old-record-id-doxussJiN63mXDoyAMRtCrgYBHf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Cc3cdIMGtonC35xwADWucgrQsld"><span style="font-size: 16px;">1.2 Is there an extra fee for using this feature?</span></h3><div class="ace-line ace-line old-record-id-doxuslgBnLF0b63js0yvKkKxuce"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CqFLdfQy7ovhabxrd9PuhmL4sPh"><span style="font-size: 16px;">No. There are no additional fees for using this feature.</span></div><div class="ace-line ace-line old-record-id-doxustJOReS4kJ8KVhvWGRbCqzb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-XjhwdL9bwoGk35xqakRudsFzsPg"><strong>2. Assets</strong></h2><div class="ace-line ace-line old-record-id-doxusxaMgDRjrrH0kPioZZD2GGD"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-JCwld9fGhoP7TYxPJCZu0HGWsId"><span style="font-size: 16px;">2.1 Why does my available balance not increase immediately after selecting spot or Flexible Savings assets?</span></h3><div class="ace-line ace-line old-record-id-doxusCknjNHEGNWrqYnYYZO2F5d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LjeOdtZfdoFWTXx2pCbuKMjvsCg"><span style="font-size: 16px;">In cross margin mode, unrealized losses from existing positions may occupy available funds. After selecting Spot or Flexible Savings assets, the additional funds are first used to offset this occupied margin. As a result, the available balance may not increase, or the increase may be smaller than the selected amount.</span></div><div class="ace-line ace-line old-record-id-doxuscT3FB9Zj1umg5kjQqxaNFd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-MbW0dGw5OozctrxfjBauLA65sFd"><span style="font-size: 16px;">2.2 If liquidation occurs, will my spot or Flexible Savings assets be affected?</span></h3><div class="ace-line ace-line old-record-id-doxusfHOizpJjNAoWXB4kcFK1ud"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IvUJd0ITWop3ifxOXUruvg63sKg"><span style="font-size: 16px;">No. This feature is only used as a funding source when opening positions or adding margin. Futures liquidation does not affect your Spot assets or Flexible Savings assets. This means that even if liquidation occurs, assets held in your Spot account and Flexible Savings account remain safe.</span></div><div class="ace-line ace-line old-record-id-doxus2AmR5HyFzGzoF47LLLMGec"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-LwyFdRw4MoUtHMxTCoAuBxCNsyA"><span style="font-size: 16px;">2.3 What happens if my Spot or Flexible Savings balance is not enough?</span></h3><div class="ace-line ace-line old-record-id-doxuszTfeM7beSNtHSvVKrsuM5c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PinBd46qwoHVvGxRHOEuNtpNs4f"><span style="font-size: 16px;">If the selected account does not have enough available assets to fully cover the required margin, or if the assets do not meet redemption or transfer conditions, the order may fail. In this case, the system will display an error message. You are advised to check the asset status of each account and make adjustments as needed.</span></div><div class="ace-line ace-line old-record-id-Z0tYdKil1oACH8xcz6budtLYsVb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GiFSdGeutoiyp3xu0BHuW4Vos3e"><strong>3. Opening Futures Positions </strong></h2><div class="ace-line ace-line old-record-id-doxusG1s2zvqF2OfWXOLUGinDDC"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RaBidkqCNoOJ2yxj4G9uERxis7f"><span style="font-size: 16px;">3.1 How do I enable the use of Spot and Flexible Savings assets for Futures trading?</span></h3><div class="ace-line ace-line old-record-id-doxusSAreqh52jQMq6pgqckCvUg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MLWFdbvRBoq0gexbLlSuhufysTh"><span style="font-size: 16px;">After entering the MEXC Futures trading page, click <strong>Available</strong> in the order section and select the accounts you want to use as funding sources, including your Spot account and Flexible Savings account. Once selected, the system will automatically draw assets from these accounts when additional funds are required to place an order.</span></div><div class="ace-line ace-line old-record-id-doxusuenmxFdmBhhwTRMxELuvUe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AQrZdRcW3oDlpNxgEKCufhQEspg"><span style="font-size: 16px;">3.2 Do trigger orders and trailing stop orders support this feature?</span></h3><div class="ace-line ace-line old-record-id-doxus2WeRsL55UHXLK913c5Dpyc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G7eudf1gGoQIUjx08OuukoE5sxh"><span style="font-size: 16px;">No. Trigger orders and trailing stop orders do not currently support this feature. If you use these order types, you must ensure that your Futures account has sufficient available funds, or manually transfer assets before placing the order.</span></div><div class="ace-line ace-line old-record-id-doxus5yJIz0eFRnadhMGeGNqN40"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YEhfdY4BZoAqwBxucj9umGUasBe"><span style="font-size: 16px;">3.3 Can this feature be used in multi-asset margin mode?</span></h3><div class="ace-line ace-line old-record-id-doxus3Kok1DR3CRaVmOTwEmOVkb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NR0WdZ0onog1k9xofIBuxGtXsiZ"><span style="font-size: 16px;">No. This feature is not supported in multi-asset mode. If multi-asset margin mode is currently enabled, you must switch to another margin mode before using this feature.</span></div><div class="ace-line ace-line old-record-id-doxusYQF78Z4ZNfsI95kWc6VuEb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-DF2BdZwi0oAEd8xrQgNulKnKsP4"><strong>4. Handling Order Failures</strong></h2><div class="ace-line ace-line old-record-id-doxus2w9OQORepjX98MGh0qkvIf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-NTKCdzeqkoekXDxk7wwuMkiKsAf"><span style="font-size: 16px;">4.1 If an order fails, will redeemed or transferred assets be returned automatically?</span></h3><div class="ace-line ace-line old-record-id-doxus4XvcJ7daLqMzAIpOJ3qKqg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-B1dqdk2hRo5OMsxRoc5ubuQdsnd"><span style="font-size: 16px;">No. If an order fails, the system will not automatically return redeemed or transferred assets to your Spot account, nor will it restake Flexible Savings assets. After an order failure, you should go to the <strong>Assets</strong> page to check your fund distribution and manually handle the funds if necessary, such as re-staking to Flexible Savings or transferring assets back to the original account.</span></div><div class="ace-line ace-line old-record-id-doxusQDE4U5oTLMkVT9g5C8aHrq"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EgFBdmwkwoLedGxuM07uDK2Ns6d"><span style="font-size: 16px;">4.2 Why can an order still fail after selecting spot or Flexible Savings assets?</span></h3><div class="ace-line ace-line old-record-id-doxus5Jh2HtcnQiQF68o8XfxkUb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-E7LRdK7lUoNNAoxDqSDu5jIfsRe"><span style="font-size: 16px;">Orders may fail for several reasons. Common causes include assets in the Spot or Flexible Savings account not meeting redemption or transfer conditions, transfer limits being reached, system processing issues, or increased order costs caused by market volatility. If an order fails, you are advised to check the asset status and account limits, or contact MEXC Customer Service for assistance.</span></div><div class="ace-line ace-line old-record-id-doxusN0o4zGcdL7Gkpu5Tql1Spg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-NWqRdM6YwowK6txx7jSujIWpsOb"><span style="font-size: 16px;">4.3 What happens if redemption or transfer fails during order placement?</span></h3><div class="ace-line ace-line old-record-id-doxusylNZlgHQUZWvi7TCpVMUkb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PKvgd9jUXovKDOxBOsfutOvdsPe"><span style="font-size: 16px;">If redemption or transfer fails during the order process, the order cannot be successfully submitted. The system will display an error message. Common reasons include insufficient balance, locked assets, or exceeded transfer limits.</span></div><div class="ace-line ace-line old-record-id-doxusFp1NitMwXY4eu4w0THX9Kh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-XWgIdcGfxocQL4xPfDiuS5Kdsze"><strong>5. Using Spot and Flexible Savings Assets to Add Margin in Isolated Mode</strong></h2><div class="ace-line ace-line old-record-id-doxusqgHUYu2dXTOYTvmBGw4PPg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-L9nEdCeyXoybsrxAHnfu90u3ste"><span style="font-size: 16px;">5.1 Can I use Spot or Flexible Savings assets to add margin to isolated positions?</span></h3><div class="ace-line ace-line old-record-id-doxus1Sl8osPTJDheOVDZCzsWif"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RaXAdIxiToZ8Ijxk9cUuwQONsnF"><span style="font-size: 16px;">Yes. In addition to opening positions, this feature also supports adding margin to isolated margin positions. When you need to add margin to an isolated position, you can select your Spot or Flexible Savings account as the funding source. The system will automatically complete redemption and transfer.</span></div><div class="ace-line ace-line old-record-id-doxusxLZiSfeZbntuEMdPDWbrFc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UpgcdNlGUoWg6Cx6ObOu4NUuszb"><span style="font-size: 16px;">5.2 How do I add margin using Spot or Flexible Savings assets?</span></h3><div class="ace-line ace-line old-record-id-doxusF3RHznp9FnmNh0Q37wvcPo"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-F5PwdXYlMoDgRMxQaj0uqIN5s2e"><span style="font-size: 16px;">In the position list, select the isolated position you want to adjust and click the pencil icon next to <strong>Margin</strong>. In the <strong>Modify Margin</strong> window, click <strong>Max Addable</strong>, then select your Spot account or Flexible Savings account. Enter the margin amount you want to add and confirm. The system will complete the process automatically.</span></div><div class="ace-line ace-line old-record-id-doxuswLJmV6gRL9SMAd0T9WBozg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-W04NdYfHooTkuWxRJ3puKfDMsyB"><strong>6. Usage Recommendations</strong></h2><div class="heading-3 ace-line old-record-id-doxushlowW0yJOATtESLnaT2aRb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Y2PrdxPajoeBwvxgfEouS6PNs4b"><span style="font-size: 16px;">6.1 Who is this feature suitable for?</span></h3><div class="ace-line ace-line old-record-id-doxusPIvkN1nbZf6ACCEhCMc2Od"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VKXddb0MKoiIvExZNmvu0uVKsdc"><span style="font-size: 16px;">This feature is well suited for users who prefer to keep funds in their Spot or Flexible Savings accounts to earn interest, while still being able to respond quickly when trading opportunities arise. It is especially useful for users who frequently transfer funds between accounts or regularly add margin to isolated positions.</span></div><div class="ace-line ace-line old-record-id-doxuseF747kUp7R5ywA0uPy83mg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AnUxdpiLQoTyELxhkL7uDrWIskc"><span style="font-size: 16px;">6.2 What should I be aware of before using this feature?</span></h3><div class="ace-line ace-line old-record-id-doxusHIN70iIo6mp8hcNEsESgFf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IQ3jdSu28oOLPyxWF33ugszXshb"><span style="font-size: 16px;">Before using this feature, you should confirm that assets in your Spot and Flexible Savings accounts meet redemption and transfer requirements, understand any applicable limits, make sure multi-asset margin mode is not enabled, and confirm that you are not using trigger or trailing stop orders. Fully understanding the rules of this feature can help you avoid order failures.</span></div><div class="ace-line ace-line old-record-id-doxusgBGSSxEZg7xb5EiDinuu4g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CmBHdBb3SoLSAqxbKUmusYnYsBc"><span style="font-size: 16px;"><strong>Disclaimer:</strong> Crypto asset prices are highly volatile, and futures trading carries high risk. This content is provided solely for feature instructions and frequently asked questions and does not constitute investment advice. Please proceed with caution after fully understanding the relevant risks.</span></div><div class="ace-line ace-line old-record-id-EtS9dGpuVodBKExPiy5u4ixSs5e"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Rdekd0BgUo7k4SxvoBlupTnEsjO"><span style="font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-QH32d5Qr2ovgVCxaWJkuJKszsLe" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791533579" style="font-size: 16px;">How to Open Futures Positions Using Spot and Flexible Savings Assets </a></div></li></ul></div>

<div data-page-id="ENnLdUyskoNNTWxxBHyunHs4sM1" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-doxusFa4P7xUrqfO4b3H5QTmtAh"><span style="font-family: arial, helvetica, sans-serif;"><strong>Key Points</strong></span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-SObJdj2g7oiueIxZYTPu2FsGsid" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Copy Trade is an investment method that allows users to replicate the trades of experienced traders, making it suitable for beginners with little or no trading experience.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-PsyHdmAvmoB7Iqxo6iiu8VF4sDe" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">When selecting a trader, focus on long-term stable performance rather than short-term high returns.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-XTiadIX5yoJc73xAp7ruKlKpsgg" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Key evaluation metrics include Return on Investment (ROI), PNL, win rate, trading frequency, and number of Followers.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-FOsMdMvBRo78Ktxh032ujI23s5N" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC offers two selection methods: AI recommendations and manual filtering, helping you find the most suitable traders.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ZuJYd1sPLowpVsxn73fuO2mjs0d" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Please note that past performance does not guarantee future results. It is recommended to allocate funds prudently and set take-profit and stop-loss levels.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxus26JKI6a0W22tTg3FegGSMh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vf6qdlkLYoE2jpx7dpiuEjaosUh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Copy Trade allows users to follow and replicate the trades of experienced Traders, copying each of their trading actions. Choosing the right Trader is critical to achieving long-term success.</span></div><div class="ace-line ace-line old-record-id-doxusAXbOfYXh2wpSExuX8NgHed"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-AXs0dL5XsoZA4Cxq6YVu0zNvsfd"><span style="font-family: arial, helvetica, sans-serif;"><strong>1. How to Evaluate Whether a Trader Is Right for You</strong></span></h2><div class="ace-line ace-line old-record-id-doxus2CeRudXzNQ1Hz1TE3WSDYb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ObAodAKXpooYQNxbGvjuag6gsbb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">1.1 Long-Term vs Short-Term Performance</span></h3><div class="ace-line ace-line old-record-id-QFTsdFpDPoKceVxO86PuH61esZf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QsS7dBnrYooCyzxCxTsuCLNVsda"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Many beginners are drawn to high returns, short-term gains are often driven by luck or unusual market conditions and do not reflect a trader’s true ability.</span></div><div class="ace-line ace-line old-record-id-CXsddNmCYoXzOex0icPuhBmIsmh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">When evaluating a Trader, review both short-term and long-term performance. A Trader whose 7-day results are good and whose 180-day performance remains stable is generally more reliable.</span></div><div class="ace-line ace-line old-record-id-I0JPdg8eTofdDvxYmTDuUoNqsc3"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC provides the following metrics for reference:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-NCwGdQurWoRaTpxrDYSuG8mLs1d" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><strong>PNL</strong><strong>:</strong> The Trader's actual profit</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-F0Iod3xzAoCePOxQQITuH9NFs2c" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><strong>ROI:</strong> Percentage return on invested funds</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-L4A8dXe1XoOSbuxrcg8uNDYxsof" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><strong>Win </strong><strong>R</strong><strong>ate:</strong> Percentage of profitable trades</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusNiX1euDDO92Ej6Uq0Mq36g"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ULCkdHYPOoWgJqxRGXYuxT11sJH"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">1.2 Trading Style and Risk Preference</span></h3><div class="ace-line ace-line old-record-id-doxus5SOgaVYaEz524CFXvNJ4rh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EgrFdBiEOonDdmxOpGAuvBL2s7d"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Each Trader has a different trading style. You should choose a Trader whose approach matches your own preferences. On the <a data-lark-is-custom="true" href="https://www.mexc.co/futures/copyTrade/leader/13D599E">Trader Details</a> page, focus on the following indicators.</span></div><div class="ace-line ace-line old-record-id-XPv1dgGvcovuPFxOEdMuUoKts0e"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IsXVdvWonoAMivxpbF9uDUMksyh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Trading frequency shows how often a Trader places orders each week.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-E42kdKVowoTabtxWpjVuIeXLskh" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">High-frequency Traders trade more often and focus on short-term strategies.</span></div></li><li class="ace-line ace-line old-record-id-UdGyd8SEkoM2lrxf7bDuGLMpsXn" data-list="bullet"><div><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Low-frequency Traders trade less often and usually hold positions for a longer period.</span></div></li></ul><div class="ace-line ace-line old-record-id-PmDzdN8lToDnepxdXXSuubbls3E"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-C8bAd6dwDosRXcx3P6AuyveYsgc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">If you prefer fewer changes in your account, a low-frequency Trader may be more suitable. If you prefer faster capital turnover, a high-frequency Trader may be a better choice.</span></div><div class="ace-line ace-line old-record-id-GzBgdpmI4oHfAixpeGhuRGFdsu2"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XClndQWgXoL0Spx7o1WuDRRzsEh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">PNL performance should also be considered. Do not rely on the win rate alone. Pay attention to how much a Trader earns on profitable trades and how much they lose on losing trades. Over time, a Trader with lower losses and higher average profits may perform better even if their win rate is lower.</span></div><div class="ace-line ace-line old-record-id-doxusrMaf6o0NmvvgMl2Qvg16ug"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"5c6fc85d-c603-4709-913e-00113796e31b","height":1448,"width":2418,"currHeight":1448,"currWidth":2418,"natrualHeight":1448,"natrualWidth":2418,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FHw8fbp4DUoWL1fxSoNNuMP3TstP%2F%3Fpreview_type%3D16","file_token":"Hw8fbp4DUoWL1fxSoNNuMP3TstP","image_type":"image/png","size":428316,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusv0chLh4cOOsufFGTlIxXgb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103015542HCHjqplEmIkdxR.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJIdzhmYnA0RFVvV0wxZnhTb05OdU1QM1RzdFAiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXN2MGNoTGg0Y09Pc3VmRkdUbEl4WGdiIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9IdzhmYnA0RFVvV0wxZnhTb05OdU1QM1RzdFAvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/Hw8fbp4DUoWL1fxSoNNuMP3TstP/?mount_node_token=doxusv0chLh4cOOsufFGTlIxXgb&mount_point=docx_image" data-width="2418" data-height="1448" data-lark-image-uri="drivetoken://Hw8fbp4DUoWL1fxSoNNuMP3TstP" data-lark-image-width="2418" data-lark-image-height="1448" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusQ0BGnhiZXtFGsaHIKCkgvf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BUEEdEL7HoZiEQxchP6ubR1TsDd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Trading frequency: Refers to the average number of trades a Copy Trade Trader executes per week within a given period. Some Traders prefer short-term, high-frequency trading, while others focus on medium- to long-term strategies. You should choose a trading style and investment approach that matches your own risk tolerance.</span></div><div class="ace-line ace-line old-record-id-doxusqU362uarvSTNtM15d3vSPb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QCxxdgQbdozJE9xbROhuPxCUsDc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Profit-loss ratio: Refers to the ratio of total profits to total losses. It is important to note that a high win rate does not necessarily indicate stronger profitability. If a Copy Trade Trader earns small profits per trade but incurs large losses, that Trader may not be suitable for your needs.</span></div><div class="ace-line ace-line old-record-id-doxusgQt0NWOwMHtPbxVle0Iiid"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Tgf0dzpcYowRa4xUq4LuOqqdsRZ"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Note: Total win rate = number of profitable closed trades / total number of closed trades × 100%</span></div><div class="ace-line ace-line old-record-id-doxusm0NJYBGlntJgFCpxRqzaoc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-QPpTduXqqoQJslx5frqucfrvsbc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">1.3 Rankings and Number of Followers</span></h3><div class="ace-line ace-line old-record-id-doxusqksSMFHBGVCUYNMyTQXa1d"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LAy6dH0NpoJxXTxXO0xuVAvssqf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC ranks Traders based on multiple factors, including ROI, win rate, PNL, and number of Followers. In general, Traders with more Followers are considered more reliable, as their performance has been validated by more users through actual Copy Trade activity.</span></div><div class="ace-line ace-line old-record-id-doxusLxGK6SFjr4qwMWCziqTWZf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"637f71ef-295b-41a2-ae3a-d621c2f61e5c","height":1188,"width":2464,"currHeight":1188,"currWidth":2464,"natrualHeight":1188,"natrualWidth":2464,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FC43mbDTZxopulExG4RsupAvGsad%2F%3Fpreview_type%3D16","file_token":"C43mbDTZxopulExG4RsupAvGsad","image_type":"image/png","size":398369,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxus8txA7LdLdJt2vAkJiYdpZd"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202601041030154363fRDzT9zGLILAU.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJDNDNtYkRUWnhvcHVsRXhHNFJzdXBBdkdzYWQiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXM4dHhBN0xkTGRKdDJ2QWtKaVlkcFpkIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9DNDNtYkRUWnhvcHVsRXhHNFJzdXBBdkdzYWQvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/C43mbDTZxopulExG4RsupAvGsad/?mount_node_token=doxus8txA7LdLdJt2vAkJiYdpZd&mount_point=docx_image" data-width="2464" data-height="1188" data-lark-image-uri="drivetoken://C43mbDTZxopulExG4RsupAvGsad" data-lark-image-width="2464" data-lark-image-height="1188" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxust7z1pVtZxjBY1ASzk9N1TW"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AxBkdEDjLoTpXDxJ2epuI7FGsyd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">However, past performance does not guarantee future results. Even when choosing a high-performing Trader, it is recommended to allocate funds reasonably and set take-profit and stop-loss levels to manage risk effectively.</span></div><div class="ace-line ace-line old-record-id-doxushs8vwRJoFC1Q3wqhoCj4DE"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WfLZdmSTyoiPWjxa9rQue7iLsFh"><span style="font-family: arial, helvetica, sans-serif;"><strong>2. How to Choose a Trader</strong></span></h2><div class="ace-line ace-line old-record-id-doxusAIdr4dtBvYpxADUfrpDmMh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BEfLd3Pb1o5euyx12KjuA1bPsub"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Open the MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/">website</a> and log in to your account. In the top navigation bar, click Futures, then select <a data-lark-is-custom="true" href="https://www.mexc.com/futures/copyTrade/home">Copy Trade</a> to enter the Copy Trade page.</span></div><div class="ace-line ace-line old-record-id-doxusLR3SA419DkFvRhRlrAlD1b"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxustBijeRaVjtJF4QPiCNYn9e"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">*BTN-Copy Trade&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/copyTrade/home">https://www.mexc.com/futures/copyTrade/home</a>* </span></div><div class="ace-line ace-line old-record-id-doxusmdEMOzPZIfBdqwHMxgsojp"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"a096ce32-bf9c-47de-94d8-fd08c4164cac","height":1370,"width":2930,"currHeight":1370,"currWidth":2930,"natrualHeight":1370,"natrualWidth":2930,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FJV8fbH3rooSrTWxhjPMuPA0BsPb%2F%3Fpreview_type%3D16","file_token":"JV8fbH3rooSrTWxhjPMuPA0BsPb","image_type":"image/png","size":559666,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusOOyouj4Hoh2TtlhKq2rrQg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103015685lNOedLF2aGevXS.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJKVjhmYkgzcm9vU3JUV3hoalBNdVBBMEJzUGIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNPT3lvdWo0SG9oMlR0bGhLcTJyclFnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9KVjhmYkgzcm9vU3JUV3hoalBNdVBBMEJzUGIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/JV8fbH3rooSrTWxhjPMuPA0BsPb/?mount_node_token=doxusOOyouj4Hoh2TtlhKq2rrQg&mount_point=docx_image" data-width="2930" data-height="1370" data-lark-image-uri="drivetoken://JV8fbH3rooSrTWxhjPMuPA0BsPb" data-lark-image-width="2930" data-lark-image-height="1370" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusiLNgk47wSPFf13o6iYjjie"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-PB2GdSGTaoUfc7xR5ZcuCZZzspd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">2.1 AI Recommendations (Suitable for Beginners)</span></h3><div class="ace-line ace-line old-record-id-doxusQuGpftgLdSmH7aWolf28ng"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FR5IdxfPLoi8mMxqmNVuEuejsuc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">If you are unsure how to choose a Trader, you can let the system assist you. On the Copy Trade page, enable AI Recommendations. The system will automatically match suitable Traders based on your trading preferences. If you are not satisfied with the results, click <strong>Refresh</strong> to generate a new set of recommendations.</span></div><div class="ace-line ace-line old-record-id-GseJdJlhDoLQ8axZXZ1uTTgnsgf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"39dfd2b7-2aa4-4261-a30d-15e37a711da0","height":888,"width":2398,"currHeight":888,"currWidth":2398,"natrualHeight":888,"natrualWidth":2398,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FP0dtbjnsHoYsrFxkUJ5u3RQqsbg%2F%3Fpreview_type%3D16","file_token":"P0dtbjnsHoYsrFxkUJ5u3RQqsbg","image_type":"image/png","size":318255,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxuscLxCg8vwbUdffylkJOeitb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103016059oqAz78sXHLzbuC.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJQMGR0Ympuc0hvWXNyRnhrVUo1dTNSUXFzYmciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNjTHhDZzh2d2JVZGZmeWxrSk9laXRiIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9QMGR0Ympuc0hvWXNyRnhrVUo1dTNSUXFzYmcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/P0dtbjnsHoYsrFxkUJ5u3RQqsbg/?mount_node_token=doxuscLxCg8vwbUdffylkJOeitb&mount_point=docx_image" data-width="2398" data-height="888" data-lark-image-uri="drivetoken://P0dtbjnsHoYsrFxkUJ5u3RQqsbg" data-lark-image-width="2398" data-lark-image-height="888" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxus10k3IEPIMFAc3wuRYitorg"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CZODdp31nobdSBxqu7Lukd8CsnH"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">You can also turn off AI Recommendations and use preference filters instead. Select your desired criteria and click Match Again. The system will recommend Traders that meet your conditions. If the results are still not satisfactory, you can click Refresh to rematch.</span></div><div class="ace-line ace-line old-record-id-doxussAP6fVpjtfWTiiv0z8VgOb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"f49aed5e-3015-4ce9-ac3c-70c3fe1317d5","height":884,"width":2378,"currHeight":884,"currWidth":2378,"natrualHeight":884,"natrualWidth":2378,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FIkqgbqmbboYMY7xvAG8u1ciisdf%2F%3Fpreview_type%3D16","file_token":"IkqgbqmbboYMY7xvAG8u1ciisdf","image_type":"image/png","size":332239,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxus4OZkIqcS3PmKc8VQZl9Nnb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103015729ldXx3KmqiHEgkP.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJJa3FnYnFtYmJvWU1ZN3h2QUc4dTFjaWlzZGYiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXM0T1prSXFjUzNQbUtjOFZRWmw5Tm5iIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9Ja3FnYnFtYmJvWU1ZN3h2QUc4dTFjaWlzZGYvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/IkqgbqmbboYMY7xvAG8u1ciisdf/?mount_node_token=doxus4OZkIqcS3PmKc8VQZl9Nnb&mount_point=docx_image" data-width="2378" data-height="884" data-lark-image-uri="drivetoken://IkqgbqmbboYMY7xvAG8u1ciisdf" data-lark-image-width="2378" data-lark-image-height="884" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxuslTHjjHK3DURZohhdEiIeBg"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Vb9IdYkW8oEzXSxj3y5uSu46sxh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">2.2 Manual Filtering: For Users With Clear Preferences</span></h3><div class="ace-line ace-line old-record-id-doxuszsUz3mMAGgvkwobeOn47Gb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DNgYdalwpoI8TRxMvo5uJrWgsnb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">If you have specific requirements for a Trader, you can use manual filtering to make your selection.</span></div><div class="ace-line ace-line old-record-id-doxuslIWQdtk5TO2dyAmWqWkj5g"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BrDvdgFEso9NWax1cEauqmiWsJf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Scroll down on the <a data-lark-is-custom="true" href="https://www.mexc.com/futures/copyTrade/home">Copy Trade</a> page and choose either Top Traders or All Traders. You can filter and sort Traders by criteria such as higher ROI, higher PNL, or number of Followers.</span></div><div class="ace-line ace-line old-record-id-doxusd1fZgLDpKJDRbqpxyA0hoc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"357b21a6-d9f3-4d4a-8c38-07eb7719a4a0","height":1238,"width":2534,"currHeight":1238,"currWidth":2534,"natrualHeight":1238,"natrualWidth":2534,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FBHEabbUSCoLWzpxX55iuA9JbsFg%2F%3Fpreview_type%3D16","file_token":"BHEabbUSCoLWzpxX55iuA9JbsFg","image_type":"image/png","size":494483,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusfJCMaF9JfmpRGNxSZGmKrg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103016646CuGji0JT5HIB2y.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJCSEVhYmJVU0NvTFd6cHhYNTVpdUE5SmJzRmciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNmSkNNYUY5SmZtcFJHTnhTWkdtS3JnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9CSEVhYmJVU0NvTFd6cHhYNTVpdUE5SmJzRmcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/BHEabbUSCoLWzpxX55iuA9JbsFg/?mount_node_token=doxusfJCMaF9JfmpRGNxSZGmKrg&mount_point=docx_image" data-width="2534" data-height="1238" data-lark-image-uri="drivetoken://BHEabbUSCoLWzpxX55iuA9JbsFg" data-lark-image-width="2534" data-lark-image-height="1238" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusb7L5x4f6yLFTq1cWHjZ7Yf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JtZBdJW33om8PpxvezKu0DH0s1g"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">On each Copy Trade Trader card, you can view key information, including ROI, PNL, win rate, supported Copy Trade pairs, trading frequency, profit-sharing ratio, and number of Followers.</span></div><div class="ace-line ace-line old-record-id-doxusd1O3iWTaKmxbJKJpBJOPBf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IpZrdzf4foKDWLxhFz7ujLvHsbf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Tip: Click the <strong>☆</strong> icon on a Trader card to add the Trader to your watchlist for easier review and comparison later.</span></div><div class="ace-line ace-line old-record-id-doxusbhG6PrF5OfmQ0d0MkZe0b8"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"ae6cbf39-6687-48ed-8822-bf31a2b582c0","height":1392,"width":2516,"currHeight":1392,"currWidth":2516,"natrualHeight":1392,"natrualWidth":2516,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FXieBb4ReFok7WBx4ziFu6PsHsXd%2F%3Fpreview_type%3D16","file_token":"XieBb4ReFok7WBx4ziFu6PsHsXd","image_type":"image/png","size":479836,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusbXFt2LAmvhf6W2hMGSqn8g"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103015217Ly4TDf0BQWKKxU.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJYaWVCYjRSZUZvazdXQng0emlGdTZQc0hzWGQiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNiWEZ0MkxBbXZoZjZXMmhNR1NxbjhnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9YaWVCYjRSZUZvazdXQng0emlGdTZQc0hzWGQvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/XieBb4ReFok7WBx4ziFu6PsHsXd/?mount_node_token=doxusbXFt2LAmvhf6W2hMGSqn8g&mount_point=docx_image" data-width="2516" data-height="1392" data-lark-image-uri="drivetoken://XieBb4ReFok7WBx4ziFu6PsHsXd" data-lark-image-width="2516" data-lark-image-height="1392" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusX57yrA9T8SfV9uvc7qZbEf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OOQIdMcXso0WmxxMT7TuCuNEsth"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Click a Trader card to enter the Trader Details page, where you can view more comprehensive information, including copy performance, cumulative PNL, daily trading performance, follower PNL, Futures preferences, trading pairs, and average holding duration.</span></div><div class="ace-line ace-line old-record-id-doxusjhc6iN4bpW4l1E4hxtlTwf"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Tb9Rd9cyIoc2pfxtNfOuuEbLsyb"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">You can also review detailed copy data, including records of active and historical copy trades, to better understand the Trader's trading behavior.</span></div><div class="ace-line ace-line old-record-id-doxusuuV6ER4gbW80bfVrYKYOQG"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"2a5f96b8-eacc-4078-a282-2b10f3d71517","height":1356,"width":2462,"currHeight":1356,"currWidth":2462,"natrualHeight":1356,"natrualWidth":2462,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FIrkibEY7IoAHR4xibWTuBmFZsZg%2F%3Fpreview_type%3D16","file_token":"IrkibEY7IoAHR4xibWTuBmFZsZg","image_type":"image/png","size":390384,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusBm9XNcw3rOhrW2t6l5gxae"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103014726kZWoGVcUGwxMnG.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJJcmtpYkVZN0lvQUhSNHhpYldUdUJtRlpzWmciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNCbTlYTmN3M3JPaHJXMnQ2bDVneGFlIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9JcmtpYkVZN0lvQUhSNHhpYldUdUJtRlpzWmcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/IrkibEY7IoAHR4xibWTuBmFZsZg/?mount_node_token=doxusBm9XNcw3rOhrW2t6l5gxae&mount_point=docx_image" data-width="2462" data-height="1356" data-lark-image-uri="drivetoken://IrkibEY7IoAHR4xibWTuBmFZsZg" data-lark-image-width="2462" data-lark-image-height="1356" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusr6b6MlcGzWrxfpATKNbiqg"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EslUdGQO2oTMqSxwkZCupIjFsHe"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">If you are undecided between multiple Traders, you can use the comparison feature. On the Trader Details page, click the <strong>VS</strong> button to enter the Trader <a data-lark-is-custom="true" href="https://www.mexc.com/futures/copyTrade/leaderVS">comparison</a> page. After adding multiple Traders, the system will compare them based on basic information and trading data.</span></div><div class="ace-line ace-line old-record-id-doxusHwsuYb4Q5vLajh3wV1WQtd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DswQd04cNoxNaKxzFfBudRMOs6d"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">After selecting <strong>Highlight Best Performances</strong>, the comparison table will highlight the best-performing data, allowing you to identify differences more easily.</span></div><div class="ace-line ace-line old-record-id-doxus2oXBIBPONmvTgW6giqMeyd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusRVS2K4XSbk7KkHjqZb4Rvd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">*BTN-Trader Comparison&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/copyTrade/leaderVS">https://www.mexc.com/futures/copyTrade/leaderVS</a>* </span></div><div class="ace-line ace-line old-record-id-doxus5889ftFyiwf9qL2UalDpxe"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"6c12b5a4-cc83-4fd0-9401-0fe0743036e3","height":1416,"width":2502,"currHeight":1416,"currWidth":2502,"natrualHeight":1416,"natrualWidth":2502,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FJCmrbJUiooGorXxqsJuuOGJ2sHf%2F%3Fpreview_type%3D16","file_token":"JCmrbJUiooGorXxqsJuuOGJ2sHf","image_type":"image/png","size":375018,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxusfJGxGy34wQu6W4kvWzArMd"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202601041030163668QBYUDbtDhZdB2.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJKQ21yYkpVaW9vR29yWHhxc0p1dU9HSjJzSGYiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNmSkd4R3kzNHdRdTZXNGt2V3pBck1kIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9KQ21yYkpVaW9vR29yWHhxc0p1dU9HSjJzSGYvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/JCmrbJUiooGorXxqsJuuOGJ2sHf/?mount_node_token=doxusfJGxGy34wQu6W4kvWzArMd&mount_point=docx_image" data-width="2502" data-height="1416" data-lark-image-uri="drivetoken://JCmrbJUiooGorXxqsJuuOGJ2sHf" data-lark-image-width="2502" data-lark-image-height="1416" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusWajDEPzu0F7RDPm0JWJ4Re"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SpAHdtjBVo4lrRxsgcnuyqpRsne"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Click the <strong>Copy Trade</strong> button on the Trader card you have selected and set your copy trading parameters to start Copy Trade. Enter the copy trading amount and account stop-loss. For advanced settings, click <strong>More Settings</strong>.</span></div><div class="ace-line ace-line old-record-id-doxusgsKpJ2WXPjpgH2kEnmGGIe"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TqdDdy4TFotxFWxf1ZguBInqsOz"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">If the Trader you selected has reached the maximum number of Followers, you can click <strong>Copy Trade</strong> and enable slot reminders. Once enabled, you will receive push notifications and in-app messages when a follower slot becomes available.</span></div><div class="ace-line ace-line old-record-id-doxusa2n3EGAABgH3f7TyLAAlwh"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"b37590c9-72f7-471e-9c62-8e03301df17e","height":616,"width":1280,"currHeight":616,"currWidth":1280,"natrualHeight":616,"natrualWidth":1280,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FA6ZhbNpdIoRvk1xa8DsuOH5Ysmh%2F%3Fpreview_type%3D16","file_token":"A6ZhbNpdIoRvk1xa8DsuOH5Ysmh","image_type":"image/png","size":234581,"comments":[]}]}" class="image-uploaded gallery old-record-id-doxuseAvN9L39DxuUHdQ92QeW8b"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260104103015212z1iNCGhRtS1umM.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJBNlpoYk5wZElvUnZrMXhhOERzdU9INVlzbWgiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNlQXZOOUwzOUR4dVVIZFE5MlFlVzhiIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9BNlpoYk5wZElvUnZrMXhhOERzdU9INVlzbWgvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/A6ZhbNpdIoRvk1xa8DsuOH5Ysmh/?mount_node_token=doxuseAvN9L39DxuUHdQ92QeW8b&mount_point=docx_image" data-width="1280" data-height="616" data-lark-image-uri="drivetoken://A6ZhbNpdIoRvk1xa8DsuOH5Ysmh" data-lark-image-width="1280" data-lark-image-height="616" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-family: arial, helvetica, sans-serif; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusy7wiIQ57zUbzpzR2qljecc"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YY9DdFLsto8mLpxmenWuFh2SsHe"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-SIbSdXXmQoxWAExWurPu3nqysWb" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/mexc-copy-trading-tutorial-app/1" style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC Copy Trading Tutorial (App)</a></div></li><li class="ace-line ace-line old-record-id-WhL0dkdkio77PoxVe46uyzP4stg" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/mexc-copy-trade-tutorial-website/1" data-lark-is-custom="true" style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC Copy Trade Tutorial (Website)</a></div></li><li class="ace-line ace-line old-record-id-R84LdcOY7oHUmfxHuqPusKKrssv" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/what-is-mexc-ai-model-copy-trade-/1" data-lark-is-custom="true" style="font-family: arial, helvetica, sans-serif; font-size: 16px;">What Is MEXC AI Model Copy Trade?</a></div></li><li class="ace-line ace-line old-record-id-RowkdxzdJoAioPxZMwXuv0oVsab" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/mexc-copy-trade-terms-explained/1" data-lark-is-custom="true" style="font-family: arial, helvetica, sans-serif; font-size: 16px;">MEXC Copy Trade Terms Explained</a></div></li></ul><div class="ace-line ace-line old-record-id-NtXvdAkCxowNjXxx7sVuH2k2sCd"><span style="font-family: arial, helvetica, sans-serif; font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusS04ebiGtcfpVJLxpZ9QXpe"><span style="font-family: arial, helvetica, sans-serif;"><br></span></div></div>

<div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">1. What is self-trade prevention (STP)?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Self-Trade Prevention (STP) is a trading mechanism designed to prevent buy and sell orders from the same user (or different accounts belonging to the same entity) from unintentionally matching with each other in the trading system. The STP mechanism is especially important for maintaining a fair and transparent trading environment, helping to prevent market price manipulation and ensuring that trading activity accurately reflects genuine market interest.</span></span></div><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">MEXC's Self-Trade Prevention (STP) mechanism is used to prevent orders from the same user or users within the same "tradeGroupId" from matching with each other.</span></span></div><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">2. What is self-trading?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Possible situations where self-trading can occur:</span></span></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">1) Trades between orders from the same account.</span></span></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">2) Trades between different sub-accounts under the same main account.</span></span></div><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">3. What happens when STP is triggered?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">When an order triggers the self-trade prevention mechanism, the system may apply one of the following four modes:</span></span></div><div><br /></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">1) NONE Mode: </strong>The order is not affected by the STP mechanism. The system does not check the account or tradeGroupId, and the trade executes normally.</span></span></div><div><br /></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">2) CANCEL_TAKER Mode: </strong>The remaining quantity of the taker order is immediately canceled to prevent the trade from executing.</span></span></div><div><br /></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">3) CANCEL_MAKER Mode: </strong>The remaining quantity of the maker order is immediately canceled to prevent the trade from executing.</span></span></div><div><br /></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">4) CANCEL_BOTH Mode: </strong>The remaining quantities of both the taker and maker orders are simultaneously canceled to prevent the trade from executing.</span></span></div><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">4. How to set the STP Mode for an order</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">STP mode can be set using the stpMode parameter in the following API calls:</span></span></div><ul start="1" style="list-style-type:disc"><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">POST /api/v3/order</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">POST /api/v3/batchOrders</span></span></div></li></ul><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">5. What is "tradeGroupId"?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Accounts sharing the same tradeGroupId are treated as belonging to the same trading group. Orders submitted by members of the same trading group may trigger STP depending on the taker order's STP mode.</span></span></div><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">6. Which trading pairs support STP?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">All trading pairs.</span></span></div><div><br /></div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">7. Which order types Support STP?</strong></span></h2><div><br /></div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Only the following order types support STP:</span></span></div><ul start="1" style="list-style-type:disc"><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">LIMIT orders</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">MARKET orders</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">LIMIT_MAKER (post-only) orders</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">IMMEDIATE_OR_CANCEL (IOC) orders</span></span></div></li></ul><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Note: STP is not effective when the type is set to FOK (Fill-Or-Kill).</span></span></div><div><br /></div></div>