How does CoinDCX determine the price of a Perpetual or Futures contract?
Updated
All the contracts are marked according to the Last Price* Marking Method. This price determines your Unrealised P&L.
Realized P&L will be determined according to your entry price and your exit or Settlement Price and any fees incurred.
*Glossary
Last Price: It is the price at which the last trade has occurred right before the time of contract expiration. Last Price Marking ensures that the contract is settled closest to the spot market price. It minimizes the price discrepancy and ensures a fairer trading environment.
On CoinDCX’s platform, the liquidation of the contract is executed based on the last price. This choice brings more flexibility and power in the hands of the traders to adapt based on their risk tolerance and market conditions.
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