Why Is My Margin Wallet Balance 0 After a Liquidation on Pluang Crypto Futures?

Your margin wallet shows 0 because any remaining balance in your USDT margin wallet is transferred to the Insurance Fund the moment your position is liquidated, and this transfer happens automatically as part of the liquidation process itself. How much of your balance is exposed depends on your margin mode: Isolated Margin caps the risk at the margin allocated to that position, while Cross Margin can draw on your entire shared Futures balance.

• Liquidation sweeps the remaining balance, not just the loss — once your position hits its liquidation price, Pluang closes it automatically and any funds still sitting in that USDT margin wallet move to the Insurance Fund rather than back to you.
• Margin mode determines how much is exposed — Isolated Margin caps what can be swept to the margin allocated for that one position, while Cross Margin draws on your entire shared Futures balance.
• The process is automatic and cannot be reversed — the transfer happens as part of liquidation itself, executed the instant the liquidation price is hit.
• A 0 balance is not a double charge — it simply reflects that the wallet had nothing left to return once the position closed and the remainder moved to the Insurance Fund.
• You can reduce the chance of this happening by monitoring your margin level against the Initial Margin Call (above 50%) and Final Margin Call (above 75%) thresholds.

Related questions:

Q: What is the Insurance Fund?
It's a reserve mechanism that helps absorb shortfalls when a liquidated position closes at a price worse than expected. Balances transferred into it from a liquidated wallet are not returned to the user.

Q: Does this mean I lost more than expected?
No. On Isolated Margin your loss stays capped at that position's allocated margin; on Cross Margin it can extend across your shared Futures balance, but never beyond what you held. The Insurance Fund transfer is a separate mechanic, not an extra deduction.

Q: Can I get the transferred balance back?
No. Once your position is liquidated and the remaining margin moves to the Insurance Fund, the transfer is final and cannot be reversed.

Q: How can I avoid this in the future?
Monitor your margin level and treat the Initial Margin Call above 50% as your cue to add margin or reduce exposure, since past 75% only close or reduce-exposure orders are allowed.

Q: Does margin mode change what happens during liquidation itself?
Yes. Isolated Margin isolates risk to that position's allocated margin; Cross Margin shares risk across your whole Futures balance. You can run Isolated Margin on one contract and Cross Margin on another at the same time, since margin mode is set per contract.