Increased Initial-Margin-Fraction for some markets (UMA, SOL, SNX, CRV)

Incident
Report for dYdX

Subscribe to Updates
Update

Update:

- CRV-USD initial-margin-fraction reduced from 50% to 25%

- UMA-USD initial-margin-fraction reduced from 100% to 25%

- SOL-USD initial-margin-fraction reduced from 50% to 25%

We have increased initial-margin-fraction for the following markets:

SNX-USD to 25%

UMA-USD to 25%

CRV-USD to 25%

SOL-USD to 25%

- CRV-USD initial-margin-fraction reduced from 50% to 25%

- UMA-USD initial-margin-fraction reduced from 100% to 25%

- SOL-USD initial-margin-fraction reduced from 50% to 25%

We have increased initial-margin-fraction for the following markets:

SNX-USD to 25%

UMA-USD to 25%

CRV-USD to 25%

SOL-USD to 25%

Update

Update: CRV-USD initial-margin-fraction reduced from 100% to 50%.

We have increased the initial-margin-fraction for the following markets:

SNX-USD to 25%

UMA-USD to 100%

CRV-USD to 50%

We have increased the initial-margin-fraction for the following markets:

SNX-USD to 25%

UMA-USD to 100%

CRV-USD to 50%

Update

We have increased the initial-margin-fraction for the following markets:

SNX-USD to 25%

UMA-USD to 100%

CRV-USD to 100%

SNX-USD to 25%

UMA-USD to 100%

CRV-USD to 100%

Update

We have increased the initial-margin-fraction for the following markets:

SNX-USD to 25%

UMA-USD to 100%

SNX-USD to 25%

UMA-USD to 100%

Update

We have decreased the initial-margin-fraction for SOL-USD from 100% to 50%.

Update

We have increased the initial-margin-fraction for the following markets from 10% to 25%:

UMA-USD

UMA-USD

Update

SOL-USD has been placed back online. Initial Margin Fraction continues to be set at 100%.

(Incident title updated to reflect current status)

(Incident title updated to reflect current status)

Update

We anticipate moving SOL-USD back online at 23:00 UTC today. Initial Margin Fraction will continue to be set at 100%.

Update

The funding rate calculation for SOL-USD has now been fixed moving forwards. The trading pair remains in Close-Only.

Update

The funding rate was made zero when the market was set to Close-Only. We are in the process of setting the funding rate back to a floating value for SOL-USD and should have a fix soon

Update

SOL-USD has been placed into Close-Only mode

You can only place market orders to reduce your position

You can only place market orders to reduce your position

Update

The Initial Margin Fraction has been changed to 100%

Update

The Initial Margin Fraction has been changed to 50%

Investigating

We have increased the initial-margin-fraction for the following markets from 10% to 25% due to market volatility.

SOL-USD

The maintenance margin fraction is unaffected.

SOL-USD

The maintenance margin fraction is unaffected.

This incident affects: trade.dydx.exchange.