{"id":4224,"date":"2026-05-31T17:20:32","date_gmt":"2026-05-31T17:20:32","guid":{"rendered":"https:\/\/yourfinanceinfo.com\/how-crypto-liquidation-works-in-leverage-trading\/"},"modified":"2026-06-01T15:56:47","modified_gmt":"2026-06-01T15:56:47","slug":"how-crypto-liquidation-works-in-leverage-trading","status":"publish","type":"post","link":"https:\/\/yourfinanceinfo.com\/cs\/how-crypto-liquidation-works-in-leverage-trading\/","title":{"rendered":"Pochopen\u00ed likvidace v kryptu p\u0159i p\u00e1kov\u00e9m obchodov\u00e1n\u00ed"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Pokud jste n\u011bkdy otev\u0159eli p\u00e1kovou kryptom\u011bnovou pozici a sledovali, jak se za p\u00e1r sekund vypa\u0159\u00ed, setkali jste se s likvidac\u00ed. <strong>Krypto likvidace v p\u00e1kov\u00e9m obchodov\u00e1n\u00ed<\/strong> nast\u00e1v\u00e1, kdy\u017e v\u00e1\u0161 \u00fa\u010det ji\u017e nedr\u017e\u00ed dostatek mar\u017ee na pokryt\u00ed ztr\u00e1tov\u00e9 pozice, tak\u017ee ji burza automaticky uzav\u0159e, aby zabr\u00e1nila tomu, \u017ee v\u00e1\u0161 z\u016fstatek p\u016fjde do z\u00e1poru. P\u0159esn\u00e9 pochopen\u00ed toho, jak tento mechanismus funguje \u2014 a matematiky za va\u0161\u00ed likvida\u010dn\u00ed cenou \u2014 je rozd\u00edlem mezi zodpov\u011bdn\u00fdm obchodov\u00e1n\u00edm s p\u00e1kou a vyhozen\u00edm va\u0161eho \u00fa\u010dtu do pov\u011bt\u0159\u00ed. Nez\u00e1visl\u00fd \u00favod do z\u00e1klad\u016f najdete v tomto zdroji od <a href=\"https:\/\/www.investopedia.com\/terms\/l\/liquidation.asp\" target=\"_blank\" rel=\"noopener\">Investopedie<\/a>.<\/p>\n\n\n<h2 class=\"wp-block-heading\">Co je to likvidace v obchodov\u00e1n\u00ed s kryptem?<\/h2>\n<p class=\"wp-block-paragraph\">Likvidace je nucen\u00e9 uzav\u0159en\u00ed p\u00e1kov\u00e9 pozice burzou ve chv\u00edli, kdy ztr\u00e1ty nahlodaj\u00ed v\u00e1mi slo\u017een\u00fd kolater\u00e1l (mar\u017ei) pod po\u017eadovanou udr\u017eovac\u00ed hranici. Proto\u017ee v\u00e1m p\u00e1ka umo\u017e\u0148uje ovl\u00e1dat pozici v\u011bt\u0161\u00ed, ne\u017e je v\u00e1\u0161 vlastn\u00ed kapit\u00e1l, i mal\u00fd nep\u0159\u00edzniv\u00fd cenov\u00fd pohyb m\u016f\u017ee smazat mar\u017ei kryj\u00edc\u00ed dan\u00fd obchod.<\/p>\n<p class=\"wp-block-paragraph\">Kdy\u017e si obchodn\u00edci p\u016fj\u010duj\u00ed prost\u0159edky k nav\u00fd\u0161en\u00ed expozice, burza chr\u00e1n\u00ed sebe i sv\u00e9 v\u011b\u0159itele t\u00edm, \u017ee ka\u017edou pozici sleduje v re\u00e1ln\u00e9m \u010dase. Ve chv\u00edli, kdy v\u00e1\u0161 kapit\u00e1l klesne na udr\u017eovac\u00ed mar\u017ei, p\u0159evezme \u0159\u00edzen\u00ed likvida\u010dn\u00ed mechanismus a uzav\u0159e obchod za nejlep\u0161\u00ed dostupnou tr\u017en\u00ed cenu.<\/p>\n\n<h2 class=\"wp-block-heading\">Mar\u017ee, p\u00e1ka a udr\u017eovac\u00ed prahov\u00e1 hodnota<\/h2>\n<p class=\"wp-block-paragraph\">Ka\u017edou likvidaci \u0159\u00edd\u00ed t\u0159i \u010d\u00edsla: va\u0161e <strong>po\u010d\u00e1te\u010dn\u00ed mar\u017ee<\/strong>, <strong>vliv<\/strong> n\u00e1sobitel, a <strong>udr\u017eovac\u00ed mar\u017ee<\/strong> burza vy\u017eaduje.<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Po\u010d\u00e1te\u010dn\u00ed mar\u017ee<\/strong> \u2014 kolater\u00e1l, kter\u00fd vlo\u017e\u00edte k otev\u0159en\u00ed pozice. P\u0159i p\u00e1ce 10x vlo\u017e\u00edte 10 % hodnoty pozice.<\/li>\n<li><strong>Vliv<\/strong> \u2014 n\u00e1sobitel va\u0161eho kapit\u00e1lu. 10x znamen\u00e1, \u017ee 1% pohyb ceny se rovn\u00e1 10% zm\u011bn\u011b va\u0161\u00ed mar\u017ee.<\/li>\n<li><strong>Udr\u017eovac\u00ed mar\u017ee<\/strong> \u2014 minim\u00e1ln\u00ed kapit\u00e1l (\u010dasto 0,5 %\u20131 % velikosti pozice), kter\u00fd mus\u00edte udr\u017eet. Klesnete-li pod n\u011bj, spust\u00ed se likvidace.<\/li>\n<\/ul>\n\n<h2 class=\"wp-block-heading\">Jak se vypo\u010d\u00edt\u00e1v\u00e1 va\u0161e likvida\u010dn\u00ed cena<\/h2>\n<p class=\"wp-block-paragraph\">Projd\u011bme si konkr\u00e9tn\u00ed p\u0159\u00edklad. P\u0159edpokl\u00e1dejme, \u017ee otev\u0159ete dlouhou pozici na Bitcoin ve v\u00fd\u0161i 10 000 USD s p\u00e1kou 10x. Va\u0161e po\u010d\u00e1te\u010dn\u00ed mar\u017ee je 1 000 USD (10 % z 10 000 USD).<\/p>\n<p class=\"wp-block-paragraph\">Zjednodu\u0161en\u00fd odhad toho, jak hluboko m\u016f\u017ee cena klesnout p\u0159ed likvidac\u00ed:<\/p>\n<ol class=\"wp-block-list\">\n<li>P\u0159i 10n\u00e1sobn\u00e9 p\u00e1ce zhruba 10% nep\u0159\u00edzniv\u00fd pohyb spot\u0159ebuje celou va\u0161i mar\u017ei.<\/li>\n<li>Pokud je BTC p\u0159i vstupu na 60 000 dolarech, long se zlikviduje pobl\u00ed\u017e 54 000\u201354 600 dolar\u016f, jakmile se zapo\u010d\u00edt\u00e1 udr\u017eovac\u00ed mar\u017ee a poplatky.<\/li>\n<li>Kr\u00e1tk\u00e1 pozice se stejnou p\u00e1kou by byla likvidov\u00e1na pobl\u00ed\u017e 65 400\u201366 000 USD.<\/li>\n<\/ol>\n<p class=\"wp-block-paragraph\">\u010c\u00edm vy\u0161\u0161\u00ed je p\u00e1ka, t\u00edm men\u0161\u00ed je vzd\u00e1lenost k likvidaci. P\u0159i p\u00e1ce 50x sta\u010d\u00ed pouh\u00fd 2% pohyb proti v\u00e1m. P\u0159i p\u00e1ce 100x m\u016f\u017ee pozici ukon\u010dit zhruba 1 % \u2014 a pr\u00e1v\u011b proto je vysok\u00e1 p\u00e1ka na volatiln\u00edch trz\u00edch tak nebezpe\u010dn\u00e1.<\/p>\n\n<h2 class=\"wp-block-heading\">Izolovan\u00e1 vs. k\u0159\u00ed\u017eov\u00e1 mar\u017ee<\/h2>\n<p class=\"wp-block-paragraph\">Zp\u016fsob, jak\u00fdm alokujete kolater\u00e1l, dramaticky m\u011bn\u00ed va\u0161e likvida\u010dn\u00ed riziko.<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Izolovan\u00e1 mar\u017ee<\/strong> \u2014 v ohro\u017een\u00ed je pouze mar\u017ee p\u0159id\u011blen\u00e1 k t\u00e9to jedin\u00e9 pozici. Pokud dojde k jej\u00ed likvidaci, zbytek va\u0161\u00ed pen\u011b\u017eenky je v bezpe\u010d\u00ed. Vhodn\u00e9 pro omezen\u00ed rizika u spekulativn\u00edch obchod\u016f.<\/li>\n<li><strong>K\u0159\u00ed\u017eov\u00e1 mar\u017ee<\/strong> \u2014 va\u0161i pozici zaji\u0161\u0165uje cel\u00fd z\u016fstatek va\u0161eho \u00fa\u010dtu. To posouv\u00e1 likvida\u010dn\u00ed cenu d\u00e1l, ale jedin\u00fd \u0161patn\u00fd obchod m\u016f\u017ee vy\u010derpat cel\u00fd v\u00e1\u0161 \u00fa\u010det.<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">Mnoho zku\u0161en\u00fdch obchodn\u00edk\u016f pou\u017e\u00edv\u00e1 izolovanou mar\u017ei pro s\u00e1zky s vy\u0161\u0161\u00ed p\u00e1kou a k\u0159\u00ed\u017eovou mar\u017ei si rezervuje pro zaji\u0161t\u011bn\u00e9 strategie nebo strategie s ni\u017e\u0161\u00ed p\u00e1kou, kde cht\u011bj\u00ed m\u00edt extra rezervu.<\/p>\n\n<h2 class=\"wp-block-heading\">Co se ve skute\u010dnosti d\u011bje b\u011bhem likvidace<\/h2>\n<p class=\"wp-block-paragraph\">Kdy\u017e je dosa\u017eeno likvida\u010dn\u00ed ceny, p\u0159evezme kontrolu mechanismus burzy. Obvykle \u00fa\u010dtuje likvida\u010dn\u00ed poplatek, pokou\u0161\u00ed se uzav\u0159\u00edt va\u0161i pozici do knihy objedn\u00e1vek a \u2014 pokud jsou trhy nelikvidn\u00ed nebo doch\u00e1z\u00ed k mezer\u00e1m (gap\u016fm) \u2014 m\u016f\u017ee pozici p\u0159edat pojistn\u00e9mu fondu nebo mechanismu socializovan\u00e9 ztr\u00e1ty.<\/p>\n<p class=\"wp-block-paragraph\">P\u0159i rychl\u00fdch, jednosm\u011brn\u00fdch pohybech se likvidace \u0159et\u011bz\u00ed: nucen\u00fd prodej tla\u010d\u00ed cenu n\u00ed\u017e, co\u017e spou\u0161t\u00ed dal\u0161\u00ed likvidace, kter\u00e9 cenu op\u011bt tla\u010d\u00ed n\u00ed\u017e. Tyto \u201elikvida\u010dn\u00ed kask\u00e1dy\u201c vysv\u011btluj\u00ed, pro\u010d krypto m\u016f\u017ee b\u011bhem deleveragingov\u00fdch ud\u00e1lost\u00ed klesnout o 10 %\u201320 % b\u011bhem n\u011bkolika minut.<\/p>\n\n<h2 class=\"wp-block-heading\">Rizika, kter\u00e1 mus\u00edte respektovat<\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Riziko volatility<\/strong> \u2014 krypto se b\u011b\u017en\u011b pohybuje o n\u011bkolik procent b\u011bhem minut, mnohem rychleji, ne\u017e v\u011bt\u0161ina obchodn\u00edk\u016f o\u010dek\u00e1v\u00e1.<\/li>\n<li><strong>N\u00e1klady na financov\u00e1n\u00ed<\/strong> \u2014 perpetu\u00e1ln\u00ed futures \u00fa\u010dtuj\u00ed periodick\u00e9 funding poplatky, kter\u00e9 pomalu naru\u0161uj\u00ed mar\u017ei u dr\u017een\u00fdch pozic.<\/li>\n<li><strong>Skluz (slippage)<\/strong> \u2014 va\u0161e skute\u010dn\u00e1 likvida\u010dn\u00ed cena m\u016f\u017ee b\u00fdt na nelikvidn\u00edch trz\u00edch hor\u0161\u00ed ne\u017e spou\u0161t\u011bc\u00ed \u00farove\u0148.<\/li>\n<li><strong>Emo\u010dn\u00ed riziko<\/strong> \u2014 p\u00e1ka zvy\u0161uje stres a po ztr\u00e1t\u011b sv\u00e1d\u00ed k pomstychtiv\u00e9mu obchodov\u00e1n\u00ed.<\/li>\n<\/ul>\n\n<h2 class=\"wp-block-heading\">Praktick\u00e9 tipy, jak se vyhnout likvidaci<\/h2>\n<ol class=\"wp-block-list\">\n<li><strong>Pou\u017e\u00edvejte ni\u017e\u0161\u00ed p\u00e1ku.<\/strong> 2x\u20135x d\u00e1v\u00e1 cen\u011b prostor k pohybu; 50x\u2013100x se bl\u00ed\u017e\u00ed hazardu.<\/li>\n<li><strong>Nastavte stop-loss<\/strong> nad va\u0161\u00ed likvida\u010dn\u00ed cenou, tak\u017ee z pozice vystoup\u00edte za sv\u00fdch podm\u00ednek, ne za podm\u00ednek syst\u00e9mu&#8217;.<\/li>\n<li><strong>Udr\u017eujte si rezervn\u00ed mar\u017ei<\/strong> na \u00fa\u010dtu pro dopln\u011bn\u00ed pozic b\u011bhem volatility.<\/li>\n<li><strong>Stanovte velikost pozic rozumn\u011b<\/strong> \u2014 riskujte na obchod pouze mal\u00e9 procento sv\u00e9ho \u00fa\u010dtu.<\/li>\n<li><strong>Vyhn\u011bte se obchodov\u00e1n\u00ed b\u011bhem d\u016fle\u017eit\u00fdch zpr\u00e1v<\/strong> kdy se spready roz\u0161i\u0159uj\u00ed a mezery (gapy) jsou b\u011b\u017en\u00e9.<\/li>\n<\/ol>\n\n<h2 class=\"wp-block-heading\">\u010casto kladen\u00e9 ot\u00e1zky<\/h2>\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list\">\n<div id=\"faq-1\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\">Co se stane s m\u00fdmi pen\u011bzi, kdy\u017e dojde k m\u00e9 likvidaci?<\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Ztrat\u00edte mar\u017ei p\u0159id\u011blenou k pozici plus p\u0159\u00edpadn\u00fd likvida\u010dn\u00ed poplatek. P\u0159i izolovan\u00e9 mar\u017ei ztrat\u00edte pouze kolater\u00e1l t\u00e9to pozice; p\u0159i k\u0159\u00ed\u017eov\u00e9 mar\u017ei je vystaven cel\u00fd z\u016fstatek va\u0161eho \u00fa\u010dtu.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-2\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\">Mohu p\u0159i likvidaci pozice p\u0159ij\u00edt o v\u00edce, ne\u017e je m\u016fj vklad?<\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Na v\u011bt\u0161in\u011b velk\u00fdch burz ne \u2013 pojistn\u00e9 fondy a automatick\u00e9 sni\u017eov\u00e1n\u00ed p\u00e1ky (auto-deleveraging) zabra\u0148uj\u00ed z\u00e1porn\u00fdm z\u016fstatk\u016fm za b\u011b\u017en\u00fdch podm\u00ednek. P\u0159i extr\u00e9mn\u00edch cenov\u00fdch mezer\u00e1ch mohou n\u011bkter\u00e9 platformy ztr\u00e1ty socializovat, tak\u017ee si ov\u011b\u0159te z\u00e1sady sv\u00e9 burzy.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-3\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\">Jak najdu svou likvida\u010dn\u00ed cenu?<\/h3>\n<div class=\"rank-math-answer\">\n\n<p>V\u011bt\u0161ina burz zobrazuje odhadovanou likvida\u010dn\u00ed cenu p\u0159\u00edmo na objedn\u00e1vkov\u00e9m tiketu, jakmile nastav\u00edte p\u00e1ku a velikost pozice. Aktualizuje se, jak p\u0159id\u00e1v\u00e1te mar\u017ei nebo jak se pozice pohybuje.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-4\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\">Znamen\u00e1 vy\u0161\u0161\u00ed p\u00e1ka v\u017edy rychlej\u0161\u00ed likvidaci?<\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Ano. Vy\u0161\u0161\u00ed p\u00e1ka zmen\u0161uje cenovou vzd\u00e1lenost k va\u0161emu likvida\u010dn\u00edmu bodu. P\u0159i 100x v\u00e1s m\u016f\u017ee zlikvidovat zhruba 1% pohyb; p\u0159i 5x m\u00e1te mnohem v\u00edce prostoru, ne\u017e mechanismus obchod uzav\u0159e.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-5\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\">Je stop-loss tot\u00e9\u017e co likvidace?<\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Ne. Stop-loss je v\u00e1\u0161 zvolen\u00fd v\u00fdstup, kter\u00fd pozici uzav\u0159e p\u0159ed\u010dasn\u011b, aby omezil ztr\u00e1ty. Likvidace je vynucen\u00e9 uzav\u0159en\u00ed ze strany burzy, kter\u00e9 obvykle nast\u00e1v\u00e1 za hor\u0161\u00ed cenu a zahrnuje dodate\u010dn\u00e9 poplatky.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"wp-block-heading\">Z\u00e1v\u011br<\/h2>\n<p class=\"wp-block-paragraph\">Likvidace nen\u00ed n\u00e1hodn\u00e1 sm\u016fla \u2014 je to transparentn\u00ed, matematicky \u0159\u00edzen\u00e1 pojistka, kter\u00e1 se aktivuje, kdy\u017e v\u00e1m dojde mar\u017ee. T\u00edm, \u017ee porozum\u00edte sv\u00e9 likvida\u010dn\u00ed cen\u011b, zvol\u00edte spr\u00e1vn\u00fd re\u017eim mar\u017ee a budete pou\u017e\u00edvat konzervativn\u00ed p\u00e1ku s disciplinovan\u00fdmi stop-loss p\u0159\u00edkazy, m\u016f\u017eete obchodovat s deriv\u00e1ty, ani\u017e byste sv\u016fj kapit\u00e1l vydali napospas likvida\u010dn\u00edmu mechanismu. Za\u010dn\u011bte t\u00edm, \u017ee sn\u00ed\u017e\u00edte p\u00e1ku a v\u017edy budete zn\u00e1t svou likvida\u010dn\u00ed \u00farove\u0148, ne\u017e kliknete na n\u00e1kup.<\/p>\n\n<h2 class=\"wp-block-heading\">Souvisej\u00edc\u00ed \u010dl\u00e1nky<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/yourfinanceinfo.com\/cs\/crypto-staking-and-yield-farming-guide\/\">Vysv\u011btlen\u00ed kryptom\u011bnov\u00e9ho stakingu a yield farmingu<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/yourfinanceinfo.com\/cs\/types-of-stablecoins-and-their-risks\/\">Vysv\u011btlen\u00ed stablecoin\u016f: Typy, rizika a v\u00fdnos<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/yourfinanceinfo.com\/cs\/on-chain-metrics-for-crypto-analysis\/\">\u010cten\u00ed metrik kryptom\u011bn na \u0159et\u011bzci: Praktick\u00fd pr\u016fvodce<\/a><\/li>\n<\/ul>\n\n\n<p class=\"wp-block-paragraph\"><em>Upozorn\u011bn\u00ed: Tento \u010dl\u00e1nek slou\u017e\u00ed pouze ke vzd\u011bl\u00e1vac\u00edm a informa\u010dn\u00edm \u00fa\u010del\u016fm a nep\u0159edstavuje investi\u010dn\u00ed, finan\u010dn\u00ed ani obchodn\u00ed poradenstv\u00ed. Obchodov\u00e1n\u00ed s p\u00e1kou nese vysok\u00e9 riziko ztr\u00e1ty. V\u017edy si prove\u010fte vlastn\u00ed pr\u016fzkum a p\u0159ed obchodov\u00e1n\u00edm se pora\u010fte s licencovan\u00fdm odborn\u00edkem.<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Zjist\u011bte, jak funguje likvidace kryptom\u011bn p\u0159i p\u00e1kov\u00e9m obchodov\u00e1n\u00ed: mar\u017ee, v\u00fdpo\u010det likvida\u010dn\u00ed ceny, izolovan\u00e1 versus k\u0159\u00ed\u017eov\u00e1 mar\u017ee, rizika a tipy, jak se j\u00ed vyhnout.<\/p>","protected":false},"author":4,"featured_media":4167,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,35],"tags":[133,58,119,85,76,108],"class_list":["post-4224","post","type-post","status-publish","format-standard","has-post-thumbnail","category-defi","category-technology","tag-crypto-liquidation","tag-crypto-risk-management","tag-crypto-trading","tag-leverage","tag-leverage-risk","tag-margin-trading"],"_links":{"self":[{"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/posts\/4224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/comments?post=4224"}],"version-history":[{"count":3,"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/posts\/4224\/revisions"}],"predecessor-version":[{"id":4417,"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/posts\/4224\/revisions\/4417"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/media\/4167"}],"wp:attachment":[{"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/media?parent=4224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/categories?post=4224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourfinanceinfo.com\/cs\/wp-json\/wp\/v2\/tags?post=4224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}