I'm trying to understand who Mark Price is. Could you provide some background information or a brief introduction about him? I'm interested in knowing his profession, achievements, or any notable roles he might have.
6 answers
Daniele
Wed Dec 18 2024
It is utilized to determine the liquidation price of these contracts, ensuring a fair and stable process.
Caterina
Wed Dec 18 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet. Among its futures offerings, BTCC employs the mark price mechanism to mitigate the influence of market volatility and abnormal prices on perpetual contract liquidation.
noah_stokes_photographer
Wed Dec 18 2024
Unlike the actual trading price, the mark price in perpetual contracts represents the latest indexed value.
CryptoTitaness
Wed Dec 18 2024
The mark price is calculated using an index price, which is derived from a weighted average of real-time prices across multiple exchanges.
Riccardo
Wed Dec 18 2024
This method ensures that the mark price reflects a comprehensive and balanced view of the market.