📚 What "Auto-Deleveraging" (ADL) means — 0xdoug
X (formerly Twitter)
Doug Colkitt (@0xdoug) on X
1/ Since a lot of people are waking up to see their perps positions closed and wondering what the hell “Auto-Deleveraging” means, here’s a quick and dirty primer.
What is ADL? How does it work? And why does it exist?
What is ADL? How does it work? And why does it exist?
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Ethena confirms USDe remains overcollateralized by $66 million after market volatility. — Link
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Binance CEO Richard Teng apologizes for platform issues during market turbulence, says compensation will be provided where applicable. — Link
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Bitmine appears to have bought 128,718 ETH ($480M) after the market crash. 6 new wallets (likely belonging to Bitmine) withdrew 128,718 ETH ($480M) from FalconX and Kraken. — lookonchain
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Binance to compensate Futures, Margin, and Loan users who held USDE, BNSOL, and WBETH as collateral and were impacted by the Oct. 10 depeg (21:36–22:16 UTC). — Link
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Lighter publishes post mortem of its outage during the Oct 10 crash, to compensate users. — Link
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TRUMP: "DON’T WORRY ABOUT CHINA, IT WILL ALL BE FINE! HIGHLY RESPECTED PRESIDENT XI JUST HAD A BAD MOMENT. U.S.A. WANTS TO HELP CHINA, NOT HURT IT!": TRUTH — AGGR
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Aster Stage 2 airdrop checker now live, claims open Oct 14, 12:00 UTC. — Link
Hyperliquid to activate HIP-3 in today's (Oct 13) network upgrade, deployers will be able to launch perps once ready. — Link
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BNB CHAIN TO AIRDROP $45M IN BNB TO OVER 160K ADDRESSES WHO HAVE RECENTLY TRADED MEMECOINS OVER THE PAST WEEK: X — AGGR
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PYTH NETWORK TEAMS UP WITH KALSHI FOR REAL-TIME PREDICTION MARKET DATA: PYTH — AGGR
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