For
@FX100Perp's CLARITY Act testnet challenge, I picked XRP for my long. It's one of the assets that's been particularly sensitive to US regulatory clarity, so a positive surprise could've made things interesting fast.
Instead, the vote didn't advance and my 100x long went the other way.
XRP crossed my liquidation price, but FX100 kept the trade alive through the 15-minute protection window.
I did eventually get liquidated once protection expired 😅
But that's kind of the whole point. FX100 didn't magically make my trade right. It simply gave it time to be right, something a standard perp wouldn't have given me here.
Real-world volatility, and a pretty clear example of the difference between instant liquidation and having time to react.