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What's auto-deleveraging (ADL) and when can it happen to me?
On our platform, ADL is a last-resort mechanism used when standard liquidation handling isn't sufficient. We may update the triggering conditions and mechanics over time. Always check our latest product documentation and in-app disclosures for the rules that apply to your contract and account setup.Why does this matter?Published on Apr 9, 2026Updated on Apr 15, 2026FAQUnderstanding OKX's Security Fund
ADL is a last-resort process used by exchanges that forcibly closes profitable traders' positions to cover the losses of bankrupt accounts, which can disrupt the market and penalize non-liquidated users. Maintains Market Stability: It acts as a layer of protection against major market volatility, hedging against liquidity risks and reducing the potential for a cascading chain of liquidations.3. What Contributes to the Security Fund?Published on Mar 25, 2026Updated on Apr 17, 2026FAQ3SUI user terms
Class Action Waiver Any claim or dispute arising under these Terms will take place on an individual basis without resort to any form of class or representative action (the “Class Action Waiver”). THIS CLASS ACTION WAIVER PRECLUDES ANY PARTY FROM PARTICIPATING IN OR BEING REPRESENTED IN ANY CLASS OR REPRESENTATIVE ACTION REGARDING A CLAIM.Published on Apr 21, 2023Updated on Nov 17, 2025Announcements
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