Deribit, a derivatives exchange, announced that it will increase margin requirements gradually by increasing the margin model variable from 45% to 60% by 5% per day, due to potential rapid price and volatility changes. The increase in margin will force traders to provide more collateral, theoretically preventing liquidity crunch. Deribit's Chief Commercial Officer, Luuk Strijers, said that the platform's reserves are secure and that Deribit has "sufficient margin for all open positions." A Deribit representative added that the company's trading activity has not reached current levels since 2021.