Liquidation
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Last updated
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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.
After a liquidation the NFT that represented the trade it's burned.
Liquidations are 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.
