Collateral ratio
WOO X will set a collateral rate (discount) for each token based on a unique algorithm, taking the liquidity and volatility of each token into reference. WOO X will calculate the actual collateral value with the algorithm. Not all tokens on WOO X can be used as collateral. Please see the table below for details.
For example, the collateral ratio of USDT is 1, which means that USDT can be used as collateral 100%; the collateral ratio of BTC is 0.85, which means BTC worth is worth $100 but can be traded with $85 as collateral. When exposure exceeds the current leverage limit, please lower the leverage if you want to increase exposure. You can only buy in the pure spot trading mode if you're going to have a long position.
| Symbol | Collateral ratio * |
| 1INCH | 0.8 |
| AAVE | 0.875 |
| ARB | 0.875 |
| ADA | 0.9 |
| ALGO | 0.9 |
| APE | 0.8 |
| ATOM | 0.875 |
| AVAX | 0.8 |
| AXS | 0.875 |
| BAND | 0.75 |
| BCH | 0.9 |
| BNB | 0.9 |
| BSV | 0.875 |
| BTC | 0.925 |
| CELO | 0.75 |
| CFX | 0.5 |
| CHZ | 0.8 |
| COMP | 0.875 |
| CRV | 0.75 |
| DAI | 1 |
| DODO | 0.75 |
| DOGE | 0.875 |
| DOT | 0.875 |
| DYDX | 0.8 |
| ENJ | 0.875 |
| EOS | 0.875 |
| ETC | 0.875 |
| ETH | 0.925 |
| FIL | 0.875 |
| FTM | 0.8 |
| GALA | 0.8 |
| GMT | 0.8 |
| GRT | 0.8 |
| HBAR | 0.8 |
| ICP | 0.875 |
| IMX | 0.8 |
| KSM | 0.8 |
| LDO | 0.8 |
| LINK | 0.9 |
| LRC | 0.8 |
| LTC | 0.9 |
| MANA | 0.8 |
| MATIC | 0.875 |
| MKR | 0.8 |
| NEAR | 0.875 |
| NMR | 0.5 |
| ONE | 0.875 |
| OP | 0.8 |
| OXT | 0.5 |
| RSR | 0.7 |
| RUNE | 0.8 |
| SAND | 0.8 |
| SHIB | 0.8 |
| SNX | 0.75 |
| SOL | 0.3 |
| SPELL | 0.75 |
| STG | 0.7 |
| SUSHI | 0.8 |
| TRX | 0.875 |
| UNI | 0.875 |
| USDC | 1 |
| USDT | 1 |
| VET | 0.875 |
| WOO | 0.6 |
| WSM | 0.5 |
| XLM | 0.8 |
| XRP | 0.9 |
| XTZ | 0.875 |
| YFI | 0.75 |
| ZRX | 0.75 |
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IMR factor ( Manages position size threshold )
- To calculate the available leverage in margin. The leverage is equal to min (the maximum leverage, 1/(IMR factor*(amount)^(6/5))). The higher the position, the lower the actual leverage can be used.
- The max exposure is equal to (1/Max leverage/IMR factor)^(5/6)).The higher the position, the lower the actual leverage can be used. Let take BTC for example:
Leverage Exposure limit (USDT) 1x 3,987,331 2x 2,237,814 3x 1,596,178 4x 1,255,931 5x 1,042,815
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Available USDT for buying Symbol.i：
Avl.USDT= min[ （total_collateral * real_leverage - total_exposure）/ （1+max_leverage*(1-discount.i)) , (Real_IMR/IMR_factor)^(5/6）- max (token.i.holding*mark_price+pendingbuy.size*order_price , 0) ]， if min【】<0 then min【】=0
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Available Symbol.i for sell
Avl.token.i=min【total_collateral * real_leverage-total_exposure , (real_IMR / IMR_factor) ^ (5/6)+ min (token.i.holding,0)*mark_price-pendingsell.size*order_price 】/order_price（if MKT mark_price*1.01）+max(token.i.holding,0)，if min【】<0 then min【】=0
※ Please be sure of the risk of using Margin Trading/Leverage before trading. WOO X is not responsible for any losses resulting directly or indirectly from trading.