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Websea published its weekly platform report for August 3 to August 9, 2026, highlighting top-performing crypto and TradFi assets, recent listings, an average daily futures trading volume of $3.1 billion, and provided details on its Futures Insurance feature for risk mitigation in futures trading.
Websea's report for August 3 to August 9, 2026, outlined recent performance highlights and provided details on its Futures Insurance program. According to the announcement and linked documentation, this risk mitigation feature requires users to enable the insurance option, transfer a minimum of 10 USDT, and accrue insurance nodes through a premium deduction mechanism tied to realized trading losses. Premiums are drawn from both profits and losses, and newly created nodes activate after a 72-hour period. Eligible users receive airdrop payouts in installments from a shared insurance fund, which must be manually claimed, and each insurance node can receive payments across multiple rounds.
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Websea is a cryptocurrency exchange launched in August 2023, offering spot trading, futures trading with up to 100x leverage, Launchpool, Launchpad, copy trading, P2P trading, and staking for passive income. The platform features a user-friendly interface with security measures such as two-factor authentication, and serves both beginner and experienced traders. For more detailed information, visit the broker profile on Traders Union.
For more background, see the previous Websea update on Traders Union, which announced the identities and roles of the first members of Websea’s Goddess Team and offered further context on the broker’s latest initiatives. Read the previous Websea update on Traders Union for full details.