The Multi-asset Collateral mechanism for AscendEX Perpetual Futures calculates the total margin value by considering the total value of all assets transferred into your Futures account, denominated in USDT.
1. Futures Collateral Calculation Formula
Collateral = Assets × *Index Price × *Discount Factor
*Index Price: Index prices on AscendEX Futures are calculated based on the average of the spot prices from exchanges such as Binance, HTX, OKX, Poloniex, and AscendEX, excluding the highest and lowest prices. This helps mitigate the impact of a single platform failure on the market. For more details, please refer to the Index Price & Mark Price section.
*Discount Factor: The factor when assets are used as collateral. The discount factors for different trading pairs can be found in the Collateral Info.
2. How to Add Futures Collateral
Futures collateral transfer can be completed on the Wallet page or Trading page. You can transfer assets from your Spot/Margin/Investment account, with instant arrival and no fees!
(1) Transfer Path on the Wallet Page
PC: Wallet - Futures Account - Transfer
App: Wallet - Transfer
(2) Transfer Path on the Trading Page (Only supported on PC)
PC: Futures Trading page - Multi-Assets Collateral Wallet - Transfer (Supports batch transfer of assets)
3. Eligible Assets as Collateral
(1) AscendEX Futures supports up to 100 different cryptocurrencies, including USDT, BTC, ETH, ADA, DOT, TRX, LINK, and more, as margin assets. For specific details, please refer to the Collateral Info section.
(2) AscendEX supports using assets engaged in the Earn products as collateral, allowing users to transfer assets (cryptocurrency-S) from their Investment account to their Futures account to participate in futures trading while earning returns.
