P&L Pool

The P&L Pool is each perpetual market’s pool of settled funds available for withdrawal — negative unrealised P&L that gets settled into it increases the amount available; positive P&L settled out of it decreases that amount. See Accounting & Settlement for how the pool is funded and prioritised against fee sweeps, and Introduction to Profit & Loss for how calling settlePNL relates to realising and claiming P&L.

Any account can call settlePNL permissionlessly to settle a position’s negative unrealised P&L into the P&L Pool. Settling positive P&L out to the user is more restricted: it only succeeds if the P&L Pool has sufficient excess to cover it, or if the caller is the position owner or their delegate.