Dear 100X Users,
To help users better understand the usage rules, feature parameters, fee standards, and profit calculation methods of Liquidation Shield and Profit Shield, 100X hereby announces the following details regarding the Contract Dual Shield feature:
1. Feature Overview
Liquidation Shield is a risk-freezing tool designed for contract positions with floating losses.
When a position enters a floating loss state and meets the activation requirements, users may activate Liquidation Shield to temporarily freeze the current risk status of the position, giving users more room to manage the position afterward.
Profit Shield is a profit protection tool designed for profitable contract positions.
When a position enters a profitable state and meets the activation requirements, users may activate Profit Shield to lock in existing profits while keeping the opportunity to further increase gains. If profits later retrace to the trigger condition, the system will execute protective position closing according to the rules.
In simple terms:
Liquidation Shield helps stabilize positions during floating losses; Profit Shield helps protect profits when a position is already profitable.
2. Applicable Position Scope
Liquidation Shield and Profit Shield currently only support isolated margin positions.
Cross margin positions, lead trading positions, copy trading positions, and other position types not yet supported by the platform are currently not eligible for Liquidation Shield or Profit Shield. The actual availability shall be subject to the display on the 100X App page.
3. Activation Requirements
3.1 Liquidation Shield Activation Requirements
A user’s position must meet the following conditions before Liquidation Shield can be activated:
Current position ROE ≤ -5%;
The contract position has no associated conditional orders, open orders, reverse orders, or opposite positions;
The current position is an isolated margin position supported by the platform;
The feature is currently available.
Note:
The -5% threshold is only used to determine Liquidation Shield activation eligibility and does not represent the liquidation trigger line. The actual liquidation judgment of a position is still subject to the platform’s perpetual contract maintenance margin rules.
If the contract position has associated open orders, the system will reject the activation of Liquidation Shield. Users must manually cancel the associated orders before activating Liquidation Shield again. The system will not automatically cancel user orders.
3.2 Profit Shield Activation Requirements
A user’s position must meet the following conditions before Profit Shield can be activated:
Current position ROE ≥ 5%;
Current lockable profit amount ≥ 2 USDT;
The contract position has no associated conditional orders, open orders, reverse orders, or opposite positions;
The current position is an isolated margin position supported by the platform;
The feature is currently available.
If the contract position has associated open orders, the system will reject the activation of Profit Shield. Users must manually cancel the associated orders before activating Profit Shield again. The system will not automatically cancel user orders.
4. Basic Usage Rules
4.1 Liquidation Shield Usage Rules
After Liquidation Shield is activated:
The position risk status will be frozen;
During the locked period, the position will not generate new real-time floating profit or loss due to market price changes;
The actual position remains unchanged. After unlocking, profit and loss will be recalculated based on the mark price at that time;
Increasing the position is not allowed during activation;
Adjusting isolated margin is not allowed during activation;
Partial position closing is not supported during activation;
Users may still close the position at market price or use one-click full close;
Funding rates will still be displayed during the locked period, but funding fees will not be deducted in real time;
Funding fees generated during the locked period will continue to accumulate and will be settled upon unlocking or closing the position;
If accumulated funding fees cause the margin to become insufficient to maintain the position, the system will process the position according to the platform’s liquidation rules;
The maximum duration of Liquidation Shield is 30 days;
If the user takes no action after 30 days, the system will process the position according to the expiration rules. The actual result shall be subject to the page display and system execution.
Risk Reminder:
Funding fees will continue to accumulate during the Liquidation Shield lock period. If the user keeps the position locked for an extended period, the accumulated funding fees settled upon expiration, unlocking, or closing may cause the position margin to become insufficient and trigger liquidation. Users should fully assess position risks before and during activation.
4.2 Liquidation Shield Unlocking Rules
Users may manually unlock the position within the valid period of Liquidation Shield.
When Liquidation Shield is unlocked, the system will release the frozen position status, and the unrealized profit and loss of the position will be recalculated based on the mark price at the time of unlocking. The previously frozen historical floating loss will be restored to the position and continue to be settled according to the platform’s actual position rules.
The position data, margin status, and risk status after unlocking shall be subject to the page display and actual system execution results.
4.3 Profit Shield Usage Rules
After Profit Shield is activated:
The system will lock in the current existing profit;
The position can still follow market movements and retain the opportunity for further profit growth;
The protection duration is fixed at 24 hours and cannot be manually adjusted by the user;
Increasing the position is not allowed during activation;
Adjusting isolated margin is not allowed during activation;
Partial position closing is not supported during activation;
Users may still close the position at market price or use one-click full close;
Funding fees will be generated normally during the protection period;
When the position triggers the protection condition, the system will execute protective position closing according to the rules;
When Profit Shield reaches the 24-hour protection period, the system will automatically close and settle the position.
When Profit Shield triggers protective position closing, the system uses the mark price at the trigger time as the judgment basis and then executes a market close. The final profit settlement will be calculated based on locked profit, actual closing profit, shield fee, usage fee, funding fees, trading fees, and other relevant data. The final execution result, bill details, and actual credited amount shall be subject to the system execution result and page display.
5. Profit Shield Protection Update Rules
After Profit Shield is activated, if the position continues to move in a favorable direction, users may update the Profit Shield protection.
The update condition is:
Latest profit amount - Previous locked profit amount ≥ 2 USDT
If the condition is not met, the system will display:
“Each Profit Shield update must meet the requirement that the increased floating profit is greater than 2 USDT.”
After the user updates the protection, the system will recalculate the shield fee based on the latest locked profit at the time of update. Once the update is successful, the new locked profit amount will become the calculation basis for subsequent shield fees.
Profit Shield can be updated multiple times for the same position, and each update will be counted toward the cumulative fee count of that position.
6. Profit Shield Fee Count Rules
The Profit Shield fee rate is related to the cumulative fee count n of the position.
Fee count rules are as follows:
When Profit Shield is activated for the first time, n = 0;
The first activation is charged based on n = 0. There is no free activation;
Each protection update for the same position increases n by 1;
If Profit Shield is manually disabled and then reactivated for the same position, n continues to accumulate and will not reset;
After the position is fully closed, whether manually or automatically by the system, n resets to 0;
When the user opens a new position, the fee count will be recalculated based on the new position.
7. Fee Standards
7.1 Liquidation Shield Fee Description
Liquidation Shield currently does not charge a separate feature fee.
However, funding fees generated during the Liquidation Shield lock period will accumulate normally and will be settled when the user unlocks or closes the position. If accumulated funding fees cause the margin to become insufficient to maintain the position, the system will process the position according to the platform’s liquidation rules.
7.2 Profit Shield Fee Description
Profit Shield fees consist of two parts:
Shield Fee
Usage Fee
7.2.1 Shield Fee
The shield fee is calculated based on the locked profit amount at the time the user activates or updates Profit Shield and the current shield fee rate.
Calculation formula:
Shield Fee = Locked Profit Amount × Current Shield Fee Rate
Notes:
The locked profit amount is based on the amount displayed on the page when the user activates or updates Profit Shield;
After the shield fee is calculated, the amount will not change in real time with market movements;
If the user locks a profit of 1,000 USDT when activating Profit Shield, even if the profit later increases to 2,000 USDT, the shield fee will still be calculated based on 1,000 USDT as long as the user has not updated the protection;
If the user actively updates the protection when the profit increases to 2,000 USDT, the system will recalculate the shield fee based on the new locked profit amount of 2,000 USDT;
The shield fee will be deducted once during Profit Shield position closing settlement.
The shield fee rate is calculated based on the cumulative fee count n of the position:
When n < 15:
Shield Fee Rate = 5% + 15% × (1 - 0.8ⁿ)
When n ≥ 15:
Shield Fee Rate is fixed at 20%
Where:
n = cumulative fee count of the position;
n = 0 on first activation;
The first activation is charged a 5% base shield fee;
There is no free activation.
7.2.2 Usage Fee
The Profit Shield usage fee is a one-time fee charged based on a certain percentage of the position margin.
Current usage fee rate:
2%
Calculation formula:
Usage Fee = Position Margin × 2%
Notes:
The usage fee is not a daily rate;
After Profit Shield is activated, the maximum protection duration is 24 hours;
After 24 hours, the system will automatically close and settle the position;
The usage fee will be deducted once during Profit Shield position closing settlement;
The actual deducted amount shall be subject to the page display and actual system settlement result.
8. Profit Shield Profit Calculation Examples
The following examples are for calculation reference only. Actual amounts may be affected by execution price, trading fees, funding fees, slippage, and system settlement results. The final amount shall be subject to the 100X App page display.
Example 1: Locking 1,000 USDT Profit, Then Triggering Protection After a Pullback
Assume the user’s current position data is as follows:
Position margin: 100 USDT
Locked profit when activating Profit Shield: 1,000 USDT
Current shield fee rate: 8%
Usage fee rate: 2%
Fee calculation:
Shield Fee = Locked Profit Amount × Shield Fee Rate
Shield Fee = 1,000 × 8% = 80 USDT
Usage Fee = Position Margin × 2%
Usage Fee = 100 × 2% = 2 USDT
If the market later pulls back and triggers protection, excluding funding fees and trading fees for this example, the estimated protected profit is:
Estimated Protected Profit = Locked Profit - Shield Fee - Usage Fee
Estimated Protected Profit = 1,000 - 80 - 2 = 918 USDT
Explanation:
If the user is concerned that the 1,000 USDT floating profit may retrace, after activating Profit Shield, the system will settle the protected profit according to the rules once protection is triggered. The actual credited amount will still need to deduct funding fees, trading fees, and other fees, and shall be subject to the final system settlement.
Example 2: Locking 1,000 USDT Profit, Profit Later Expands to 2,000 USDT, but Protection Is Not Updated
Assume the user activates Profit Shield with:
Position margin: 100 USDT
Locked profit: 1,000 USDT
Current shield fee rate: 8%
Usage fee rate: 2%
The market continues to move upward, and the actual profit expands to 2,000 USDT. The user chooses to manually close the position without updating Profit Shield protection.
The fee calculation still uses the first locked profit of 1,000 USDT as the basis:
Shield Fee = 1,000 × 8% = 80 USDT
Usage Fee = 100 × 2% = 2 USDT
Excluding funding fees and trading fees for this example, the estimated profit is:
Estimated Profit = Actual Profit - Shield Fee - Usage Fee
Estimated Profit = 2,000 - 80 - 2 = 1,918 USDT
Explanation:
The shield fee will not automatically increase due to market gains. As long as the user does not update the protection, the shield fee remains calculated based on the 1,000 USDT locked at activation.
Example 3: Locking 1,000 USDT Profit, Profit Later Expands to 2,000 USDT, and Protection Is Updated
Assume the user activates Profit Shield with:
First locked profit: 1,000 USDT
Current shield fee rate: 8%
Position margin: 100 USDT
Usage fee rate: 2%
The profit later expands to 2,000 USDT, and the user actively updates the protection. After the update is successful, the new locked profit becomes 2,000 USDT.
If the updated shield fee rate is still 8% for this example:
Shield Fee = 2,000 × 8% = 160 USDT
Usage Fee = 100 × 2% = 2 USDT
If the user later closes the position, excluding funding fees and trading fees for this example, the estimated profit is:
Estimated Profit = Actual Profit - Shield Fee - Usage Fee
Estimated Profit = 2,000 - 160 - 2 = 1,838 USDT
Explanation:
Only when the user actively updates the protection will the shield fee be recalculated based on the new locked profit amount. If the protection is not updated, the shield fee remains calculated based on the previous locked profit amount.
Example 4: Calculating Profit Shield Fees Based on Page Display
Assume the page displays:
Current floating profit: 8.9000 USDT
Current shield fee rate: 8%
Position margin: 4.7330 USDT
Usage fee rate: 2%
Then:
Shield Fee = 8.9000 × 8% = 0.7120 USDT
Usage Fee = 4.7330 × 2% = 0.0947 USDT
The estimated fee for this Profit Shield activation is:
Estimated Fee = Shield Fee + Usage Fee
Estimated Fee = 0.7120 + 0.0947 = 0.8067 USDT
The actual fee still needs to be settled based on the final closing result, funding fees, and trading fees.
9. Feature Mutual Exclusivity Rules
The same position can only be in one of the following states at the same time:
Normal position;
Liquidation Shield locked;
Profit Shield protected.
Liquidation Shield and Profit Shield cannot be activated at the same time.
When a position is under Liquidation Shield, Profit Shield cannot be activated.
When a position is under Profit Shield, Liquidation Shield cannot be activated.
10. Risk Control Statement
To ensure platform system stability and user trading experience, 100X may dynamically manage Liquidation Shield and Profit Shield based on market conditions, system status, and risk control strategies.
The related features may become temporarily unavailable under the following circumstances:
Abnormal market volatility;
System risk control strategy trigger;
Temporary platform maintenance or feature adjustment.
If the feature is temporarily unavailable, the system will display the following message when users attempt to activate it:
“This feature is currently unavailable. Please try again later.”
Positions that have already successfully activated the feature will not be affected by new activation restrictions and will continue to be executed according to the existing rules.
11. Special Notes
Liquidation Shield and Profit Shield are only auxiliary tools for position management and do not represent the platform’s judgment on market direction;
Users should still use contract products reasonably based on their own risk tolerance;
The related feature parameters, fee rates, activation requirements, and risk control rules may be dynamically adjusted by the platform according to market conditions;
The examples are only used to explain the calculation method and do not represent any promise of final user returns;
The final rules shall be subject to the 100X App page display and the platform’s actual execution results.
Thank you for your support and trust in 100X.
100X will continue to optimize the contract trading experience and provide users with more flexible, stable, and controllable trading tools.
100X Team
May 13, 2026