Deribit has an insurance fund that should cover losses of bankrupt traders. Due to our advanced real time incremental liquidation system, it will be actually a challenge to go bankrupt even if a trader would wish to do so. On the insurance page we will publish in real time any occurring bankruptcies and the last state of the insurance fund. As long as there is BTC in the insurance funds, withdrawals of funds (including profits of not expired assets) are available for immediate withdrawal. If the insurance fund gets depleted, any then occurring bankruptcies will be socialised among the winning traders. The Insurance fund will start with 100BTC. Deribit will never take out funds of the insurance fund for other then covering bankruptcies. Currently there are still 100BTC in the insurance fund and no bankruptcies have occurred so far.
Insurance Print
Modified on: Sat, 19 Mar, 2016 at 4:00 AM
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