The liquidation fee on MUX is currently set at 0.2%. After continuous assessments, the team will lower the liquidation fee rate from 0.2% to 0.1%. The maintenance margin (MM) will remain at 0.5%. We hope this change can help to provide a better balance between trading experiences and protocol risk exposure.
This update will become effective on Oct. 15th, UTC, 2022. The MUX team will continue to evaluate the liquidation fee, and we’ll make further improvements in the future based on analyses. Please let us know if you have any questions.