Category

Derivatives Risk Systems

These terms explain risk-management mechanics in margin and perpetual futures systems at a high level.

How to recognize this theme

Vocabulary for how leveraged venues manage position risk and losses.

In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.

Educational context

These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.

Cross Margin

Cross margin lets multiple positions draw on a shared collateral balance, which can change how gains, losses, and liquidation risk interact.

Risk Backstop

A risk backstop is a reserve, rule, or participant group designed to absorb losses when normal risk controls are not enough.

ADL Queue

An ADL queue ranks positions that may be automatically reduced when a venue needs to contain losses after liquidations.

Maintenance Margin

Maintenance margin is the minimum collateral level required to keep a leveraged position open.