Interdax provides an innovative instant settlement system, where the balance of each cryptocurrency (asset) instantly reflects PnL from any derivatives positions, balance transfers, and withdrawal/deposits (once they are confirmed).
For example, if one enters 1 BTC worth long of a derivative position and the price grows by 50%, that gained 0.5 BTC will be immediately reflected in the balance and available for withdrawals, transfers, or used as collateral for trading other derivatives. In addition to sub-account systems, traders are provided with great flexibility and can enter complex portfolios while tailoring their risk exposure at any time.
Balances of each cryptocurrency are isolated from other cryptocurrencies. For example, with derivatives settled in BTC the margin will be calculated independently from derivatives settled in USDT/ETH, thus the liquidation of BTC-settled positions leaves all other cryptocurrency balances intact.
Correspondingly, USDT/ETH balances will not be used as collateral for BTC-settled derivatives (i.e., BTC-PERP), BTC/USDT balances will not be used as collateral for ETH-settled derivatives (i.e., ETH-PERP), and BTC/ETH balances will not be used as collateral for USDT-settled derivatives (e.g., LINK-PERP-USDT).