1. What is the liquidation trigger price
Liquidation trigger price: after reaching the price, liquidation is triggered when the user’s margin rate is low.
Liquidation commission price: the price entrusted to the market after the liquidation engine takes over the user’s liquidation position.
Liquidation transaction price: the actual transaction price after the liquidation order is entrusted to the market.
2. What is the marked price
To improve the stability of the futures market and reduce unnecessary liquidation when the market fluctuates abnormally, we use the marked price to calculate the user’s unrealized profit and loss.