Bitget has extended its Delta Neutral Mode hedging capabilities to automatically treat tokenized stocks (rTokens) and their underlying assets as equivalent positions for risk management purposes. The update, effective immediately, allows traders to hedge rToken spot holdings against futures positions in the same underlying asset within the exchange’s Unified Trading Account, streamlining protection mechanisms without requiring manual configuration.
- Feature scope: rAAPL and AAPL are now treated as the same asset for hedge calculations
- Additional pairs included: BGBTC/BTC, BGSOL/SOL, and XAU/XAUT/PAXG
- Activation requirements: Delta Neutral Mode enabled, and rToken supported as UTA margin currency
- Hedge threshold: Net futures position ÷ total position must remain ≤ 5%
Under the update, when Delta Neutral Mode is enabled on an account, rToken holdings and corresponding stock futures positions automatically combine into a single asset calculation using the platform’s existing hedge position formula. The mechanism operates transparently; no manual setup or toggle activation is required. The feature applies only when the rToken is supported as a margin currency within the Unified Trading Account, and the combined positions participate jointly in Auto-Deleveraging (ADL) ranking protection determinations.
Bitget emphasized that while Delta Neutral Mode and its new rToken hedge calculation optimize trading experiences for hedging strategies, market volatility and extreme conditions may still trigger Auto-Deleveraging. The company stated that the mechanism cannot fully eliminate liquidation risks and advised traders to operate within their risk tolerance. The announcement carries a time-sensitive notice, with Bitget disclaiming responsibility for losses arising from changing market circumstances or outdated content.
Bitget is a cryptocurrency derivatives exchange offering spot, futures, and margin trading through its Unified Trading Account infrastructure.
