Liquidation

Liquidation can be triggered by the following:

• Market price hitting the liquidation price (See this page for more information)

• Having insufficient collateral to cover fees

Here is how the Liquidation Price is calculated:

Long Position

Liquidation Price = Entry Price - (Collateral * Liquidation Lost Rate - Fees) / Position Size in Quantity

Short Position

Liquidation Price = Entry Price + (Collateral * Liquidation Lost Rate - Fees) / Position Size in Quantity

• Fees include: Close Fee, Holding Fee and Funding Fee

• Liquidation Loss Rate = 85%

• Position Size in Quantity = Initial Collateral * Leverage / Entry Price

When the position loses >= 85% of its value, it will be liquidated.