Settlement Time
16:00 to 16:30 (UTC+8) every day.
Settlement Price
The System takes the Volume Weighted Average Price (VWAP) in the last hour of that contract as the settlement price.
Contract Settlement Rules
At 16:30 (UTC + 8), We will settle all positions and contracts with the settlement price. Settlement will not affect the P&L in users’ account and the equity in contract account.
In settlement, the system will calculate the unrealized P&L based on settlement price, then transfer unrealized P&L into available.
After settlement, the open price of contract will then become the settlement price. The unrealized gains and losses will thus be calculated based on the new settlement price.
Delivery Time
At 16:00 – 16:30 on Friday (UTC+8) of the delivered date.
Delivery Price
The price is arithmetic mean value of last hour of indexes of each tokens.
Delivery Rules
When the contracts have expired, the delivery will take place. The system adopts spread delivery (cash delivery) and will deliver your open positions at the delivery price. User’s account balance would then reflect the profits, losses and delivery fees.