Risk Limit

19th Jan,2024

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.

Position Limit

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 BTC,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 XRP

Split position limit is 100000,and max to 10 positions.

Merged position limit is as below.

杠杆倍数	最大持有仓位（USD）
1～5	500000
6～10	400000
11～20	300000
21～40	200000
41～50	100000

For 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 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 LINK,DOT,DOGE,AVAX,ETC

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 ENA

Split position limit is 5000, and max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value（USD）
1～10	200000
10～20	100000
20～25	50000
25～50	5000

For OMNI,ZETA

Split position limit is 5000, and max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value（USD）
1～10	100000
10～20	30000
20～25	20000
25～50	5000

For TON

Split position limit is 5000, and max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value（USD）
1～10	150000
10～20	80000
20～25	25000
25～50	5000

For ARB,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 BCH,10000SHIB

Split position limit is 40000，and max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value（USD）
1～5	100000
6～10	80000
11～20	60000
21～50	40000

For DYDX

Split position limit is 15000, and 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

For SUSHI

Split position limit is 10000，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
21～40	20000
41～50	10000

For MEME

Split position limit is 10000，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
21～40	25000
41～50	10000

For AAVE,OP,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 PIXEL, STRK

Split position limit is 5000, and max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value（USD）
1～5	60000
6～10	50000
11～20	25000
21～50	5000

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 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 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 ARB,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 ORDI

Split position limit is 20000, and 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 FTM、STX

Split position limit is 17000, and max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value （USD）
1～10	80000
11～20	60000
21～40	40000
41～50	17000

For AGLD

Split position limit is 5000, and max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value （USD）
1～10	100000
11～20	25000
21～50	5000

For LINK,DOT,DOGE,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 BCH,10000SHIB

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	60000
21～50	40000

For BIGTIME,BNT,STORJ,WLD,MKR,GALA,ZRX

Split position limit is 20000, 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	20000

For ORBS, TIA

Split position limit is 15000, 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	15000

For BSV,CFX,BLUR

Split position limit is 10000, 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	10000

For GAS

Split position limit is 8000, 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	8000

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 JUP

Split position limit is 5000, and max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value (USD)
1～10	100000
11～20	80000
21～25	25000
26～50	5000

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 ZK, TURBO, ZRO, LISTA, MEW

Leverage	Max Position Value（USD）
1～10	100000
11～20	25000
21～25	20000
26～50	5000

For XAI, SEI

Split position limit is 5000, and max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value (USD)
1～5	60000
6～10	50000
11～20	25000
21～50	5000

For MANTA, WIF, UMA

Split position limit is 5000, and max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value (USD)
1～5	60000
6～10	35000
11～20	20000
21～50	5000

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 BIGTIME, BNT, STORJ, WLD, MKR, 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 BSV、CFX、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 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 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

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 ACE

Split position: 12000, Max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value（USD）
1～10	60000
11～20	40000
21～40	25000
41～50	12000

For AXS

Split position: 12000, Max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value（USD）
1～10	60000
11～20	40000
21～40	2500
41～50	1000

For XAI,SEI

Split position: 5000, Max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value（USD）
1～5	60000
6～10	50000
11～20	25000
21～50	5000

For MANTA,WIF,UMA

Split position：5000, Max to 10 positions.

Leverage	Max Position Value（USD）
1～5	60000
6～10	35000
11～20	20000
21～50	5000

For 10000BONK, W, 10000RATS

Split position:5000, Max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value（USD）
1～10	100000
11～20	50000
21～25	25000
26～50	5000

For DOGS

Split position: 5000，Max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value（USD）
1～10	100000
11～20	40000
21～25	20000
26～50	10000
51～75	5000

For LTC

Split position: 50000, 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 SOL

Split position: 20000, 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 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 PEOPLE, NOT, OM, BB,BAKE, ENS

Split position:5000, Max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value （USD）
1～10	100000
11～20	25000
21～50	5000

For 10000FLOKI

Split position:5000, Max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value （（USD）
1～10	100000
11～15	25000
16～20	5000

For HIGH

Leverage	Max Position Value （（USD）
1～10	100000
10～20	25000
20～25	5000

For PEPE,ONDO,IO,BOME

Split position:5000, Max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value （USD）
1～20	100000
20～25	50000
25～50	5000

For JASMY

Split position: 5000, Max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value （USD）
1～20	80000
21～25	25000
26～50	5000

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 ADA, 10000SATS

Split position:10, Max to 10 positions.

Merged position limit is as below.

Leverage	Max Position Value （USD）
1～5	10

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 BTC, ETH

Position Value（USD）	MMR
500000<Position Value≤1000000	0.65%
350000<Position Value≤500000	0.49%
200000<Position Value≤350000	0.47%
0<Position Value≤200000	0.40%

For XRP

Position Value（USD）	MMR
500000	2.5%
400000	2%
300000	1.5%
200000	1%
100000	0.5%

For BNB, 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 LINK, FIL, DOT, UNI, DOGE, ETC, 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 ENA

Position Value（USD）	MMR
100000<Position Value≤200000	5.00%
50000<Position Value≤100000	2.50%
5000<Position Value≤50000	2.00%
0<Position Value≤5000	1.50%

For OMNI,ZETA

仓位价值（USD）	维持保证金率
30000<Position Value≤ 100000	5.00%
20000<Position Value≤ 30000	2.50%
5000<Position Value≤ 20000	2.00%
0<Position Value≤ 5000	1.50%

For TON

仓位价值（USD）	维持保证金率
80000<Position Value ≤150000	5.00%
25000<Position Value ≤80000	2.50%
5000<Position Value ≤25000	2.00%
0<Position Value≤5000	1.50%

For BCH, 10000SHIB

Position Value（USD）	MMR
80000<Position Value≤100000	16.50%
60000<Position Value≤80000	6.50%
40000<Position Value≤60000	1.50%
0<Position Value≤40000	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%
40000<Position Value≤60000	1.50%
20000<Position Value≤40000	1%
0<Position Value≤20000	0.65%

For OP

Position Valu（USD）	MMR
80000<Position Value≤100000	18.50%
50000<Position Value≤80000	9.25%
20000<Position Value≤50000	3.50%
0<Position Value≤20000	0.75%

For YGG

Position Value（USD）	MMR
80000<Position Value≤100000	18.50%
50000<Position Value≤80000	9.25%
5000<Position Value≤50000	3.50%
0<Position Value≤5000	0.75%

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 FTM、STX

Position Value（USD）	MMR
60000<Position Value≤80000	2.00%
40000<Position Value≤60000	1.50%
17000<Position Value≤40000	1.00%
0<Position Value≤17000	0.65%

For BIGTIME, 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 BNT, STORJ, WLD, MKR and 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 CFX, 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 TRB

Position Value（USD）	MMR
50000<Position Value≤60000	18.50%
30000<Position Value≤50000	9.25%
10000<Position Value≤30000	3.50%
0<Position Value≤10000	0.75%

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 XAI, SEI

Position Value（USD）	MMR
50000<Position Value≤60000	10%
25000<Position Value≤50000	5%
5000<Position Value≤25000	2.50%
0<Position Value≤5000	1.50%

For ACE

Position Value（USD）	MMR
40000<Position Value≤60000	6.50%
25000<Position Value≤40000	1.50%
12000<Position Value≤25000	1%
0<Position Value≤12000	0.65%

For MANTA, WIF, UMA

Position Value（USD）	MMR
40000<Position Value≤60000	6.50%
25000<Position Value≤40000	1.50%
12000<Position Value≤25000	1%
0<Position Value≤12000	0.65%

For AXS

Position Value（USD）	MMR
40000<仓位价值≤60000	2.00%
2500<仓位价值≤40000	1.50%
1000<仓位价值≤2500	1.00%
0<仓位价值≤1000	0.65%

For ZK, TURBO, ZRO, LISTA,RATS,MEW

Position Value（USD）	MMR
25000<Position Value≤100000	5.00%
20000<Position Value≤25000	2.50%
5000<Position Value≤20000	2.00%
0<Position Value≤5000	1.50%

For JUP

Position Value（USD）	MMR
80000<Position Value≤100000	5.00%
25000<Position Value≤80000	2.50%
5000<Position Value≤25000	2.00%
0<Position Value≤5000	1.50%

For PIXEL,STRK

Position Value（USD）	MMR
35000<Position Value≤50000	5%
25000<Position Value≤35000	3.5%
5000<Position Value≤25000	2.50%
0<Position Value≤5000	1.50%

For W, 10000BONK

Position Value（USD）	MMR
50000<Position Value ≤100000	5.00%
25000<Position Value ≤50000	2.50%
5000<Position Value ≤25000	2.00%
0<Position Value≤5000	1.50%

For PEPE, ONDO, IO,BOME

Position Value（USD）	MMR
50000<Position Value≤100000	2.50%
5000<Position Value≤50000	2.00%
0<Position Value≤5000	1.50%

For HIGH, 10000FLOKI

Position Value（USD）	MMR
25000<Position Value≤100000	5.00%
5000<Position Value≤25000	2.50%
0<Position Value≤5000	2.00%

For LDO

Position Value（USD）	维持保证金率
35000<Position Value≤50000	3.00%
20000<Position Value≤35000	2.50%
0<Position Value≤20000	1.50%

For BB, OM, PEOPLE,NOT,BAKE,ENS,AGLD

Position Value（USD）	MMR
25000<Position Value≤100000	5.00%
5000<Position Value≤25000	2.50%
0<Position Value≤5000	1.50%

For JASMY

Position Value（USD）	MMR
25000<Position Value≤80000	2.50%
5000<Position Value≤25000	2.00%
0<Position Value≤5000	1.50%

For MINA

Position Value（USD）	MMR
30000<Position Value≤50000	16.50%
10000<Position Value≤30000	6.50%
0<Position Value≤10000	1.50%

For ADA,10000SATS

Position Value（USD）	MMR
0<Position Value≤10	0.50%