Cryptocurrency Q&A What is the mark price in CoinEx?

What is the mark price in CoinEx?

CherryBlossomKiss CherryBlossomKiss Sat Dec 14 2024 | 5 answers 1588
I'm trying to understand the concept of mark price in the context of CoinEx. I want to know what it represents and how it's calculated in this particular exchange. What is the mark price in CoinEx?

5 answers

PulseWind PulseWind Mon Dec 16 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a wallet service. These services cater to the diverse needs of cryptocurrency traders.

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SamsungSpark SamsungSpark Mon Dec 16 2024
Mark Price serves as a crucial benchmark for assessing whether a user's position has reached the threshold for forced liquidation. This metric is derived through a specific calculation process.

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ethan_thompson_psychologist ethan_thompson_psychologist Mon Dec 16 2024
The calculation of Mark Price incorporates two key factors: Index Price and Moving Average Premium Index. Both of these components play a significant role in determining the final Mark Price.

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Nicola Nicola Mon Dec 16 2024
CoinEx utilizes a distinctive system known as Fair Price Marking. This system is designed to ensure fairness and prevent unnecessary liquidations.

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Andrea Andrea Mon Dec 16 2024
In the Fair Price Marking system, the Last Price is not used as the basis for determining the Fair Price. Instead, the Mark Price, which is calculated as mentioned earlier, is adopted as the Fair Price.

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