BTC: Exchange Insurance Funds (All Assets)
Bitcoin Exchange Insurance Funds (All Assets): daily data through 8 Nov 2026.
The insurance funds OKX and Bybit hold to cover liquidations that close beyond a position's bankruptcy price, in USD, as each exchange publishes them.
Why use it. When a cascade closes positions at worse prices than their margin covers, the insurance fund pays the difference. A fund that drops sharply shows a liquidation cascade the exchange had to absorb; one that keeps growing shows liquidations closing at better prices than the bankruptcy price. How to read it. Each band is one exchange and the top of the stack their total. Read the changes: sudden falls mark costly cascades, slow rises the normal flow of liquidation fees.
Calculation. OKX: the total of its insurance fund in USD as its public API reports it (one figure across all of OKX's products). Bybit: the sum of the USD values of every insurance pool its public API lists (its USDT and USDC pools and the coin pools of its inverse contracts). A period's value is each exchange's last reading in it. Binance and Deribit publish no insurance-fund figure through a documented public API and are not included. Source: OKX's and Bybit's public insurance-fund APIs, read by CryptoKeyhole every ten minutes from 8 November 2026. Both exchanges publish only the current balance, so there is no earlier history.