Bitget upgrades its ADL (Auto-Deleveraging) mechanism, executing trades at the Mark Price.

TechFlow reports that on June 24, Bitget completed an upgrade to its ADL (Auto-Deleveraging) execution price mechanism. After the upgrade, when the Insurance Fund account triggers ADL and matches with opposing positions, the execution price will adopt the prevailing Mark Price, making the ADL execution price closer to the actual market price. This enables users to more accurately assess the potential impact of ADL on their positions and strategies, facilitating risk management and strategic planning.