Glossary
Insurance Fund
An insurance fund is a reserve that a trading venue may use to absorb losses when liquidations do not fully cover a position's deficit.
Plain-English meaning
In this game, Insurance Fund is used as a vocabulary card for recognizing how market and technology concepts fit together. The short idea is: reserve for market losses.
The term is not shown as a recommendation. It is included so players can learn the language they may see in exchange interfaces, wallet prompts, research notes, AI product pages, or on-chain analytics dashboards.
Why it belongs with Perp Market Structure
These terms explain how perpetual futures venues reference prices, track positioning, and manage losses at the market level.
When solving the puzzle, compare the job this term performs with nearby cards. A correct group usually shares a function, risk type, workflow, or market structure rather than simply sharing similar wording.
Where you might see it
You might encounter this term while reading educational explainers, product documentation, risk disclosures, market dashboards, or beginner guides. Always separate vocabulary learning from financial decision-making.