TechFlow reported, according to official information, to enhance trading fairness, LBank has officially established a $100 million futures contract risk protection fund and introduced a dual compensation mechanism for spike incidents. If users suffer forced liquidation or stop-loss losses due to price spikes during futures trading, LBank will compensate them at 120% of their loss amount, minimizing user losses. Compensation will be distributed in USDT to users' spot accounts within 48 hours. Additionally, after each spike event, LBank will airdrop an extra 10,000 USDT to all position-holding users proportionally based on their holdings, ensuring even non-losing users can share in the benefits.
It is understood that this initiative applies to futures trading pairs ranked within the top 100 by market capitalization on CoinMarketCap. This measure aims to optimize users' trading experience and reduce risks arising from abnormal market volatility, enabling every user to participate in futures trading within a safer and more reliable environment.
