{"id":"tp-17073","type":"article-newspaper","title":"Understanding Auto-Deleveraging: The Last Line of Defense in Crypto Perpetual Futures","author":"Riza Dagoc","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/insights/17073","datePublished":"2025-10-11T22:25:08.000Z","dateModified":"2025-10-11T22:25:08.000Z","language":"en","abstract":"Auto-deleveraging (ADL) is a critical safety mechanism in crypto perpetual futures that protects trading venues from insolvency during extreme market stress. As explained by Ambient Finance founder Doug Colkitt, ADL a…","section":"Insights & Views","references":[]}