openfinance

https://x.com/0xgokhan/status/1976971298179080284

"Auto-deleveraging" 101 by Doug

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? https://t.co/I9MHXVAInd

I kind of have urgency to skim parts when it's a status URL: Here is the thread URL for Doug's 101 into auto-deleveraging

https://t.co/xOaKHxKfIP

ps: you can just click the readability button above for any status entry.