Pehle chhota jawab
ADL yani Auto-Deleveraging Binance Futures mein liquidation ka aakhri qadam hai. Binance ki ADL wali FAQ ka pehla jumla yeh hai: "Auto-Deleveraging (ADL) is the final step in the liquidation process and occurs only if the Futures Insurance Funds are unable to accept a bankrupt futures position." Yani jab kisi haarne wale trader ki position bankrupt ho jaye aur Futures Insurance Fund usay sambhal na sake, to mukhalif taraf ke munafa kamane wale traders ki positions mein se kuch ko band kar ke hisab barabar kiya jata hai.
Har position ke saath ek ADL indicator hota hai jo batata hai ke yeh position ADL ki zad mein aane ke kitne qareeb hai. Yeh page Binance ki do official FAQs ke hawale se batata hai ke ADL kab hota hai, queue mein kaun pehle aata hai, indicator ka matlab kya hai, aur ADL ho jaye to kya hota hai.
Insurance Fund kahan aata hai
Liquidation ke baad agar kisi position ka balance zero se neeche chala jaye, ya position liquidate hi na ho sake, to Binance usay Bankrupt Position kehta hai. Futures Insurance Funds wali FAQ ke mutabiq jahan tak mumkin ho, Insurance Fund aisi positions apne zimme le leta hai.
ADL tab shuru hota hai jab yeh fund kam par jaye. FAQ ke alfaz mein, jab liquidation engine ki li hui bankrupt positions ka unrealized loss us contract type ke liye fund ke dastyab balance se zyada ho jaye, to engine woh contract type trade nahin kar sakta "and the Auto-Deleveraging (ADL) mechanism will be engaged."
Do baatein yaad rakhein. Pehli: naam ke bawajood "the Futures Insurance Funds are not insurance products, and Binance is not an insurer." Doosri: yeh fund sirf bankruptcy price aur liquidation order ki execution price ka farq pura karta hai; FAQ saaf likhti hai ke trader ko apna nuqsan is fund se wapas nahin milta.
ADL FAQ ek aur baat likhti hai: coin-margined contracts mein ADL ka imkan USD-margined contracts se zyada hai, kyun ke ek hi crypto ko collateral banane wale tamam coin-margined contracts ka ek hi Insurance Fund hota hai, jo is wajah se chhota rehta hai.
ADL queue mein kaun pehle aata hai
ADL un traders par lagta hai jo jeet rahe hain: munafa wali positions ek liquidation priority ranking ke hisab se band ki jati hain. FAQ ke mutabiq jo positions zyada munafa mein hain aur zyada leverage par hain, woh queue mein pehle aati hain.
Ranking ka formula FAQ mein yeh hai:
PNL Percentage = Unrealized Profit / abs(Position Notional)Effective Leverage = abs(Position Notional) / (Account Balance + Unrealized Profit)- Agar PNL Percentage ≥ 0 ho:
ranking = PNL Percentage * Effective Leverage - Agar PNL Percentage < 0 ho:
ranking = PNL Percentage / Effective Leverage
Phir tamam users ki ranking ko tarteeb de kar quantile nikala jata hai: aap ki ranking ka darja, kul users ki tadaad par taqseem. FAQ yeh bhi likhti hai ke PNL Percentage aur Position Notional symbol ki satah par gine jate hain, jab ke Account Balance + Unrealized Profit poore account ki satah par. Portfolio Margin mein Effective Leverage ka hisab account equity se hota hai.
Delta Neutral Account wale users ke liye FAQ ek note deti hai: jo yeh account activate karein aur Delta Neutral ki had poori karein, un ki hedged positions ki ADL ranking doosre accounts se kam hoti hai.
Ek misaal: ek jaisa munafa, alag queue
Neeche ke numbers is website ki apni misaal hain, kisi exchange ka data nahin; sirf formula samjhane ke liye. Dono positions ka notional 1000 USDT aur unrealized profit 100 USDT hai.
- Position A: account balance 200 USDT. PNL Percentage = 100 / 1000 = 0.1. Effective Leverage = 1000 / (200 + 100) ≈ 3.33. Ranking ≈ 0.1 × 3.33 ≈ 0.33.
- Position B: account balance 900 USDT. PNL Percentage wahi 0.1. Effective Leverage = 1000 / (900 + 100) = 1. Ranking = 0.1 × 1 = 0.1.
Munafa barabar hai, lekin A ka effective leverage zyada hai, is liye us ki ranking teen guna se zyada hai aur ADL queue mein woh B se aage hogi.
ADL indicator kaise parhein
FAQ ke mutabiq har futures position ke interface par ek indicator hota hai jo dikhata hai ke yeh position ADL liquidation ki zad mein aane ka kitna imkan rakhti hai. Agar kisi position par foran ADL ka khatra ho to yeh indicator mein saaf dikhaya jata hai. Binance traders ko taakeed karta hai ke ADL indicator par nazar rakhein.
Is website ki raaye: indicator apni position ka doosre traders ke muqable mein darja hai, koi pakki paish goi nahin. Indicator ooncha ho to bhi ADL tabhi hoga jab Insurance Fund kisi bankrupt position ko na sambhal sake; aur indicator neecha ho to bhi zamanat nahin. Screen par indicator kis shakal mein aata hai, woh aap ki app ke mutabiq maanein.
ADL ho jaye to kya hota hai
- Foran notice: jis trader ki munafa wali position ADL se band ho, usay foran notice bheja jata hai jis mein amount aur liquidation price likhi hoti hai.
- Kis qeemat par band: munafa wali position haarne wale trader ke liquidated order ki Bankruptcy Price par band hoti hai. FAQ ke mutabiq Bankruptcy Price contract ki market price range se bahar bhi ho sakti hai.
- Trading fee nahin: "No trading fee will be charged to the trader whose profitable position is subject to ADL."
- Open orders: FAQ isi hisse mein likhti hai ke cross margin mode mein tamam tokens ke, aur isolated margin mode mein usi token ke, tamam open orders cancel ho jate hain; process mukammal hone ke baad trader usi token mein foran nayi position le sakta hai.
Liquidation price aur bankruptcy price ka farq tafseel se liquidation price vs bankruptcy price wale page par hai. Liquidation kis qeemat par hoti hai, yeh Mark Price kya hota hai mein hai.
Queue mein peeche kaise rahein
Binance khud likhta hai ke woh ADL se bachne ki har mumkin koshish karta hai aur Immediate or Cancel limit orders jaise features se is ka asar kam karta hai, magar crypto market ki volatility aur high leverage ki wajah se ADL ko poori tarah rokna mumkin nahin.
Neeche ki baatein is website ki raaye hain, upar ke formula se nikalti hain, Binance ka mashwara nahin:
- Effective leverage kam rakhein. Formula mein account balance jitna zyada ho, effective leverage utna kam aur ranking utni neeche. Cross aur isolated margin mein balance kaise ginta hai, yeh isolated vs cross margin mein hai.
- Position chhoti karein. Position ka kuch hissa band karne se notional ghatta hai aur effective leverage kam hota hai, jis se ranking neeche aati hai.
- Coin-margined contracts mein zyada dhyan. FAQ ke mutabiq wahan ADL ka imkan zyada hai.
PKR mein hisab rakhne walon ke liye
ADL mein position Bankruptcy Price par band hoti hai, is liye notice mein likhi qeemat aur amount ko apni diary mein USDT mein darj karein, aur PKR ka column alag rakhein; USDT ko PKR mein badalne par rate ke farq ka hisab USDT se PKR conversion scenario mein hai. Screen ke Margin Ratio ko kaise parhna hai, yeh Binance Futures margin ratio wale page par hai.
Risk ki baat
Leveraged futures mein poora margin ja sakta hai, aur ADL mein munafa wali position bhi aap ki marzi ke baghair band ho sakti hai. Yeh page ek mechanism ka matlab samjhane ke liye hai, trade ka mashwara nahin, aur kisi natije ka wada nahin karta.
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Sources aur checked dates
Mauzu: Margin aur futures mechanics