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  • Vela Trade
    • Introduction
    • Getting Started
    • FAQ
    • Technical Architecture
      • Pool-to-Peer Mechanism
      • Liquidity Providing
      • VLP Token
        • Minting and Burning VLP
        • VLP
      • Pricing Engine
      • Virtual PNL Delay
      • Crypto Asset-Backed Pools
      • Fee Distribution
    • Perpetuals Specifications
      • Collateral Specification
      • Fees
      • Stop Loss/Take Profit Orders
      • Limit Orders
      • Liquidation
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  2. Technical Architecture

Virtual PNL Delay

PreviousPricing EngineNextCrypto Asset-Backed Pools

Last updated 15 days ago

Vela Trade’s margining system includes a virtual PnL delay for positions closed within 30 seconds. This means that for all positions closed before 30 seconds, positive PnL will not be realized immediately, while negative PnL will be realized. This mechanism is designed to protect Vela Trade’s liquidity pool from potential MEV attacks and has been further extended to mitigate risks associated with oracle delays, particularly with Pyth’s pull oracle system (pyth docs ).

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