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Risk Limit
20th May,2022
Kine utilizes the concept of dynamic leverage, which means that the larger the position held by the trader, the lower the maximum leverage that can be used. It is a risk management mechanism used to to better manage the risk of trader’s positions. In a market with such large price fluctuations, traders with highly leveraged large positions may bring greater risk to the Kine liquidity pool. By setting risk limits for all trading, that is, only larger position traders need a higher margin ratio to hold positions, which provides more flexibility for trader with different risk appetites while optimizing risk management.
For different underlyings, Kine applies different leverage and position limits based on the price volatility and liquidity of the underlying asset in the spot market.
For BTCã€ETH：
Split position limit is 200000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value（USD） |
|---|---|
1～5 | 1000000 |
6～10 | 850000 |
11～20 | 750000 |
21～50 | 650000 |
51～100 | 500000 |
101~150 | 350000 |
151~200 | 200000 |
For XRPã€TRX ：
Split position limit is 50000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value（USD） |
|---|---|
1～5 | 250000 |
6～10 | 200000 |
11～20 | 150000 |
21～50 | 100000 |
For BNB
Split position limit is 40000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value（USD） |
|---|---|
1～5 | 250000 |
6～10 | 200000 |
11～20 | 150000 |
21～50 | 40000 |
For MATIC
Split position limit is 25000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value（USD） |
|---|---|
1～5 | 250000 |
6～10 | 200000 |
11～20 | 150000 |
21～50 | 25000 |
For LTC:
Split position limit is 50000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value（USD） |
|---|---|
1～5 | 250000 |
6～10 | 200000 |
11～20 | 150000 |
For UNI
Split position limit is 20000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 250000 |
6～10 | 200000 |
11～20 | 150000 |
21～50 | 40000 |
For ARBã€APT
Split position limit is 20000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 100000 |
6～10 | 80000 |
11～20 | 65000 |
21～50 | 50000 |
For LINKã€DOTã€DOGEã€ETC and AVAX：
Split position limit is 20000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 200000 |
6～10 | 150000 |
11～20 | 100000 |
21～50 | 50000 |
For SOL：
Split position limit is 20000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 100000 |
6～10 | 80000 |
11～20 | 50000 |
For FIL：
Split position limit is 6750, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 200000 |
6～10 | 150000 |
11～20 | 100000 |
21～50 | 6750 |
For YGG
Split position limit is 4000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 100000 |
6～10 | 80000 |
11～20 | 50000 |
21～50 | 4000 |
For AAVE：
Split position limit is 20000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 100000 |
6～10 | 80000 |
11～20 | 50000 |
21～50 | 20000 |
For AGLD：
Split position limit is 8500, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 80000 |
6～10 | 50000 |
11～20 | 20000 |
21～50 | 8500 |
For OP：
Split position limit is 20000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 100000 |
6～10 | 80000 |
11～20 | 50000 |
21～50 | 20000 |
For ATOM：
Split position limit is 20000, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 100000 |
6～10 | 80000 |
11～20 | 50000 |
21～50 | 20000 |
For TRB：
Split position limit is 8500, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 60000 |
6～10 | 50000 |
11～20 | 30000 |
21～50 | 8500 |
For APE：
Split position limit is 800, and max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 200000 |
6～10 | 100000 |
11～20 | 10000 |
21～50 | 800 |
For SUI:
Split position: 10000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value（USD） |
|---|---|
1～5 | 200000 |
6～10 | 150000 |
11～20 | 10000 |
For LDO:
Split position: 20000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value（USD） |
|---|---|
1～5 | 50000 |
6～10 | 35000 |
11～20 | 20000 |
For BCH:
Split position:1000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value（USD） |
|---|---|
1～20 | 1000 |
For ADA and 10000SHIB:
Split position:10, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value（USD） |
|---|---|
1～5 | 10 |
For BIGTIMEã€BNTã€STORJã€WLDã€MKRã€GALA and ZRX:
Split position:20000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 60000 |
6～10 | 50000 |
11～20 | 30000 |
21～50 | 20000 |
For BSVã€CFXã€BLUR
Split position:10000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 60000 |
6～10 | 50000 |
11～20 | 30000 |
21～50 | 10000 |
For ORBS
Split position:10000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 60000 |
6～10 | 50000 |
11～20 | 30000 |
21～50 | 15000 |
For MINA
Split position:10000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 50000 |
6～10 | 30000 |
11～20 | 10000 |
For TIA
Split position:15000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 60000 |
6～10 | 50000 |
11～20 | 30000 |
21～50 | 15000 |
For GAS
Split position:8000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 60000 |
6～10 | 50000 |
11～20 | 30000 |
21～50 | 8000 |
For ORDI
Split position:8000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 80000 |
6～10 | 60000 |
11～20 | 40000 |
21～50 | 20000 |
For SUSHI
Split position:10000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value (USD) |
|---|---|
1～5 | 100000 |
6～10 | 80000 |
11～20 | 50000 |
21～40 | 20000 |
41～50 | 10000 |
For MEME
Split position:10000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value （USD） |
|---|---|
1～5 | 100000 |
6～10 | 80000 |
11～20 | 50000 |
21～40 | 25000 |
41～50 | 10000 |
For DYDX
Split position:15000, Max to 10 positions.
Merged position limit is as below.
Leverage | Max Position Value （USD） |
|---|---|
1～5 | 100000 |
6～10 | 80000 |
11～20 | 60000 |
21～40 | 40000 |
41～50 | 20000 |
​
Maintenance Margin Ratio (MMR)
As is required in dynamic leverage, the larger the position held by the trader, the higher the Maintenance Margin Ratio is.
For BTCã€ETH：
Position Value（USD） | MMR |
|---|---|
850000<Position Value≤1000000 | 10.00% |
750000<Position Value≤850000 | 5.00% |
650000<Position Value≤750000 | 2.50% |
500000<Position Value≤650000 | 1.00% |
350000<Position Value≤500000 | 0.49% |
200000<Position Value≤350000 | 0.47% |
0<Position Value≤200000 | 0.40% |
For XRPã€BNBã€TRX and MATIC：
Position Value（USD） | MMR |
|---|---|
200000<Position Value≤250000 | 3.00% |
150000<Position Value≤200000 | 2.50% |
100000<Position Value≤150000 | 1.50% |
0<Position Value≤100000 | 0.50% |
For LTC:
Position Value（USD） | MMR |
|---|---|
200000<Position Value≤250000 | 3.00% |
150000<Position Value≤200000 | 2.50% |
0<Position Value≤150000 | 1.50% |
For LINKã€FILã€DOTã€UNIã€DOGEã€ETCã€SOL and AVAX：
Position Value（USD） | MMR |
|---|---|
150000<Position Value≤200000 | 3.00% |
100000<Position Value≤150000 | 2.50% |
50000<Position Value≤100000 | 1.50% |
0<Position Value≤50000 | 1.20% |
For SUI:
Position Value（USD） | MMR |
|---|---|
150000<Position Value≤200000 | 3.00% |
100000<Position Value≤150000 | 2.50% |
0<Position Value≤100000 | 1.50% |
For BIGTIMEã€GALA:
Position Value（USD） | MMR |
|---|---|
50000<Position Value≤60000 | 16.50% |
30000<Position Value≤50000 | 8.50% |
20000<Position Value≤30000 | 3.50% |
0<Position Value≤20000 | 0.75% |
For BNTã€STORJã€WLDã€MKRã€ZRX:
Position Value（USD） | MMR |
|---|---|
50000<Position Value≤60000 | 16.50% |
30000<Position Value≤50000 | 6.50% |
20000<Position Value≤30000 | 1.50% |
0<Position Value≤20000 | 0.65% |
For BSV:
Position Value（USD） | MMR |
|---|---|
50000<Position Value≤60000 | 16.50% |
30000<Position Value≤50000 | 6.50% |
10000<Position Value≤30000 | 1.50% |
0<Position Value≤10000 | 0.65% |
For ORBS：
Position Value（USD） | MMR |
|---|---|
50000<Position Value≤60000 | 18.50% |
30000<Position Value≤50000 | 8.50% |
15000<Position Value≤30000 | 3.50% |
0<Position Value≤15000 | 0.75% |
For CFXã€BLUR:
Position Value（USD） | MMR |
|---|---|
50000<Position Value≤60000 | 18.50% |
30000<Position Value≤50000 | 8.50% |
10000<Position Value≤30000 | 3.50% |
0<Position Value≤10000 | 0.75% |
For MINA:
Position Value（USD） | MMR |
|---|---|
30000<Position Value≤50000 | 16.50% |
10000<Position Value≤30000 | 6.50% |
0<Position Value≤10000 | 1.5% |
For TIA:
Position Value（USD） | MMR |
|---|---|
50000<Position Value≤60000 | 16.50% |
30000<Position Value≤50000 | 6.50% |
15000<Position Value≤30000 | 1.50% |
0<Position Value≤15000 | 0.65% |
For GAS:
Position Value（USD） | MMR |
|---|---|
50000<Position Value≤60000 | 16.50% |
30000<Position Value≤50000 | 6.50% |
8000<Position Value≤30000 | 1.50% |
0<Position Value≤8000 | 0.65% |
For ORDI:
Position Value（USD） | MMR |
|---|---|
60000<Position Value≤80000 | 16.50% |
40000<Position Value≤60000 | 6.50% |
20000<Position Value≤40000 | 1.50% |
0<Position Value≤20000 | 0.65% |
For SUSHI：
Position Value（USD） | MMR |
|---|---|
80000<Position Value≤100000 | 16.50% |
50000<Position Value≤80000 | 6.50% |
20000<Position Value ≤50000 | 1.50% |
10000<Position Value≤20000 | 1% |
0<Position Value≤10000 | 0.65% |
For MEME：
Position Value（USD） | MMR |
|---|---|
80000<Position Value≤100000 | 16.50% |
50000<Position Value≤80000 | 6.50% |
25000<Position Value≤50000 | 1.50% |
10000<Position Value≤25000 | 1% |
0<Position Value≤10000 | 0.65% |
For DYDX：
Position Value（USD） | MMR |
|---|---|
80000<Position Value≤100000 | 16.50% |
60000<Position Value≤80000 | 6.50% |
4000<Position Value≤60000 | 1.50% |
20000<Position Value≤4000 | 1% |
0<Position Value≤20000 | 0.65% |
For BCH:
Position Value（USD） | MMR |
|---|---|
0<Position Value≤1000 | 0.5 |
For ADA和10000SHIB:
Position Value（USD） | MMR |
|---|---|
0<Position Value≤1000 | 0.5 |