The truth is that on most days, FTX's risk engine is overkill. We have like $2m of liquidations, a decent amount on BTC-PERP, with 3% room.
Today, I'm glad we put work into it: 101x leverage on DOGE and no problems.
help.ftx.com/hc/en-us/artic
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is this type of liquidation engine taken from traditional market?
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