TriiiX has implemented trading range restrictions for contracts. Your orders can only be placed within the specified price range to prevent abnormal trades from being executed.
Price Range:
Users can only place orders within the set price range. This range is determined as the market price from both sides of the order book multiplied by 0.02.
Price Limits:
Range: 0.4
- Buy Orders: The order price cannot be lower than (1−range)×mark price(1 - \text{range}) \times \text{mark price}.
- Sell Orders: The order price cannot exceed (1+range)×mark price(1 + \text{range}) \times \text{mark price}.
Example:
- Current Market Price: BTC at 20,000 USDT
- Price Range: 0.02
- Price Limit Range: 0.4
Buy Orders:
- Price Range: The order price must be less than 20,000+(20,000×0.02)=20,40020,000 + (20,000 \times 0.02) = 20,400.
- Price Limit: The order price must be greater than (1−0.4)×20,000=12,000(1 - 0.4) \times 20,000 = 12,000.
Sell Orders:
- Price Range: The order price must be greater than 20,000−(20,000×0.02)=19,60020,000 - (20,000 \times 0.02) = 19,600.
- Price Limit: The order price must be less than (1+0.4)×20,000=28,000(1 + 0.4) \times 20,000 = 28,000.
Important Note:
🌞 If your order does not fall within the specified range or price limits, it will not be executed.