Liquidation

If you haven't set up a Stop Loss order, your trade will be liquidated if current PNL reaches -90%. Please remember the Liquidation Price is dynamic as all open trades pay or receive funding fees.

When opening a trade the liquidation price is shown in the trading panel and on the chart.

After opening you can see your liquidation price in the chart as a yellow line and in the "My Open Positions" panel.

Liquidations are performed by bots that are paid with 0.01% of the position size. The closing fee is paid to stakers while the rest remains inside the StableVault to increase its collateralization levels.

After a liquidation the NFT that represented the trade it's burned.