📌 Summary
The Binance Portfolio Margin is an advanced system that allows unified margin management across multiple accounts (Futures and Cross Margin). It uses a Unified Maintenance Margin Rate (uniMMR) to assess the overall portfolio risk, calculated based on adjusted equity and maintenance margin. Traders must maintain a uniMMR > 1.05 to avoid liquidations. The system includes automatic margin checks, handling of negative balances, interest rates, and features such as automatic reloading and management of delisted assets.
---
✅ Main Conclusions
1. Unified risk management: The uniMMR allows monitoring the risk of the entire portfolio with a single metric.
2. Strict verifications: The system constantly assesses that the available margin covers open positions and potential losses.
3. Flexibility with responsibility: Offers greater leverage, but requires maintaining minimum margin levels.
4. Management of negative balances: Allows negative balances under certain conditions, although it generates interest if a threshold is exceeded.
5. Protection against delisted assets: Automatically liquidates or transfers delisted assets to cover debts.
6. Operational complexity: Requires understanding specific calculations (such as available margin in Cross Margin orders).
---
🚀 Key Benefits
1. Greater efficiency in capital use: By consolidating margin, the use of collateral across the portfolio is optimized.
2. Potentially greater leverage: Allows trading with more exposure using total equity as collateral.
3. Comprehensive risk management: The uniMMR offers a clear view of overall risk, helping to avoid liquidations.
4. Automation and convenience: Features like automatic reloading and scheduled amortization reduce manual management.
5. Enhanced Security: Automatic mechanisms protect the trader against events such as asset delistings.
