To ensure fairness, stability, and security in the perpetual contract market, EKBIT has established unified risk control standards for abnormal trading behaviors that may disrupt market order. All users must comply with the rules outlined in this announcement when engaging in perpetual contract trading. The platform will take action based on its risk assessment system for any violations.
1. Definition of Abnormal Trading Behavior
The following actions are classified as abnormal trading behaviors. Once detected by the system, EKBIT has the right to implement corresponding risk control measures:
• Excessive trading behavior: A single account engages in high-frequency or unusually large-volume opening of positions within a short period, deviating significantly from normal trading patterns.
• Self-trading: Executing trades with oneself or through related accounts to generate fake trading volume.
• Multi-account joint position limit breach: Several related accounts collectively holding positions in the same direction exceeding platform limits.
• Market manipulation: Manipulating the market through wash trades, pump-and-dump activities, or similar behavior.
• Unauthorized high-frequency programmatic trading: Using unauthorized programs or bots that cause market anomalies.
• Account hijacking transactions: Trading conducted through stolen accounts or via social engineering.
• Fee/commission arbitrage: Using multiple accounts to perform circular trades to gain rewards or fee rebates.
• A/B hedge trading: One account going long while another goes short to bypass risk controls or platform rules.
• Exploiting system vulnerabilities: Including latency arbitrage, API loophole exploitation, abnormal order routing, or other non-standard operations.
• Funding-rate arbitrage: Exploiting funding-rate rules or differences for abnormal arbitrage activity.
• Synchronized abnormal behavior: Multiple accounts placing orders within milliseconds with identical direction and similar quantities, indicating strong correlation.
• Illegal arbitrage strategies: Using ultra-high-frequency APIs, abnormal order density, or exploiting irregular price spreads.
• Actions affecting platform stability: Any malicious behavior that may cause latency, congestion, or system outages.
• Ultra-short-term trading: Frequent opening and closing of positions with an open-close duration ≤ 3 minutes, disrupting normal market order.
2. Risk Control Measures
If a user is identified as engaging in abnormal trading, EKBIT may apply one or more of the following measures depending on severity:
• Risk warnings: Notifications requiring the user to adjust trading behavior.
• Trading restrictions: Temporary or permanent limitation on opening positions, closing positions, order placement, or leverage adjustments.
• Forced liquidation: Partial or full liquidation of positions to protect market security.
• Account suspension: Freezing of funds and all operations for severe violations.
• Confiscation of illicit profits: Including profits from wash trading, exploiting bugs, or market manipulation.
• Termination and blacklisting: Permanent ban for users who severely disrupt the platform ecosystem.
• Legal referral: In cases involving illegal activity such as hacking, fraud, or abnormal fund sources, EKBIT will cooperate with law enforcement.
3. Risk Control System Overview
• Multi-dimensional intelligent detection: EKBIT utilizes real-time monitoring, behavioral modeling, and on-chain risk analysis to assess abnormal trading.
• Dual automated and manual review: High-risk actions are automatically intercepted and reviewed by the risk control team.
• Dynamic rule adjustment: Risk control models will be continuously optimized to ensure long-term effectiveness.
4. User Responsibility Reminder
To avoid misjudgment, we recommend that users:
• Do not lend or rent accounts to others, and do not use accounts belonging to others.
• Avoid using multiple or related accounts for hedging or mutual offsetting trades.
• Do not use unauthorized quantitative tools, automated programs, or trading bots.
• Avoid any actions that may be perceived as market manipulation or exploiting system loopholes.
• Protect account credentials properly to prevent account theft.
5. Special Statement
EKBIT is not responsible for losses caused by abnormal trading behavior, including but not limited to forced liquidation, asset freezing, or confiscation of illegal gains. Users must ensure their trading activities are lawful, secure, and compliant with platform standards.
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