Scenario

After Users buy contracts with self-setting indicators: Cover Amount, Claim Price, Period, and Margin, one of these scenarios may occur:

During the validity period, if Market Price is:

  • Between Claim Price - Refund Price User can end the contract before maturity by pressing "Cancel" at "Available contract" and have the deposit refunded.

  • Reach Claim Price User gets Claim Amount in payout.

  • Reach Liquidation Price Contract is liquidated. User loses contract's Margin.

When contract expires, if Close Price is:

  • Between Refund Price - Claim Price User gets Refund Margin.

  • Between Claim Price - Liquidation Price Contract is liquidated. User loses contract's Margin.

Last updated