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.
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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SamsungSparkMon 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_psychologistMon 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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NicolaMon 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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AndreaMon 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.