2. Interest calculation and deduction
The interest of the liabilities in cross margin mode and isolated margin mode will be calculated and deducted respectively;
The interest is calculated and recorded every hour, and is deducted every hour based on 16:00(UTC). It’ll take around 5 minutes to record accrued interest. Any liabilities that are incurred during this period will be recorded as well.
Example: When a user borrows money at 14:55, user interest is not recorded at this time. At 15:00, the user's interest is calculated through liabilities. At 15:00, interest deduction occurs. If the user pays off the borrowed currency at 14:57, interest will not be accrued.
3. Interest-free quota
Interest-free limit
Asset |
Interest-free limit |
USDT |
20000USDT+Max(0,Cross equity of USDC)+Max(0,Cross equity of TUSD)
|
USDC |
5000+Max(0,Cross equity of USDT)
|
BTC |
1 |
LTC |
10 |
ETH |
5 |
ETC |
2000 |
XRP |
5,000 |
EOS |
500 |
BCH |
5 |
BSV |
5 |
TRX |
30,000 |
LINK |
50 |
DOT |
50 |
ADA |
500 |
ALGO |
500 |
ATOM |
20 |
CRV |
100 |
FIL |
10 |
DASH |
2 |
IOST |
10,000 |
IOTA |
500 |
KNC |
200 |
NEO |
10 |
ONT |
300 |
QTUM |
100 |
THETA |
100 |
SUSHI |
30 |
SUN |
20 |
XLM |
1,000 |
UNI |
20 |
XMR |
2 |
XTZ |
100 |
ZEC |
2 |
YFI |
0.01 |
YFII |
0.1 |