Managing Positions

Once your position is open, you have full control over it. This page covers every action you can take on an open position, how to monitor your trades, and what happens during liquidation.

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Where to Find Your Positions

Trade Page

Your open positions appear in a table below the trade panel. This is your quick-glance view: token, side (long/short), size, PnL, ROI, and a risk indicator. Columns are sortable by size, risk, PnL, ROI, and APR.

Positions Page

A dedicated full-page view with tabs for Open and Closed positions. More detailed than the trade page view, with all position metrics visible at once.

Position Detail Modal

Click any position to open the full breakdown. The modal shows entry price, mark price, liquidation price, an LTV health bar, and a complete event history log for that position.

Mobile

On mobile, positions display as cards rather than table rows. Pull down to refresh.

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Understanding Your Position

Every open position shows the following data:

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Selling (Closing) Your Position

Full Close

Sells your entire position in one transaction. The loan is repaid with interest, and the remaining value is returned to your wallet.

When to use: You want to exit completely, either to take profit or cut a loss.

Partial Sell

Close a percentage of your position using the slider (10% to 90%). The transaction executes atomically: it splits the position, then closes the split portion. The remaining position stays open with proportionally reduced margin and debt.

When to use: You want to take some profit while keeping exposure. For example, sell half of a winning 5x long to lock in gains, and let the rest ride.

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Repaying Your Loan

Full Repay

Repay the entire borrowed amount. Your position converts to an unleveraged token holding. Interest stops accruing immediately. You still hold the tokens in your position -- just without leverage.

When to use: You want to keep holding the token but eliminate leverage risk and borrowing costs entirely.

Partial Repay

Repay a percentage of your loan. This reduces your leverage, lowers your daily interest cost, and pushes your liquidation price further away.

When to use: You want to de-risk a position without closing it. If the market is volatile and you are concerned about liquidation, partial repay gives you breathing room while keeping your exposure.

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Take Profit (TP)

Requires email login.

Take-Profit automatically closes your position when the price reaches your target.

Setting a TP:

1. Open your position details
2. Choose a target price directly, or use the percentage presets (e.g., +25%, +50%, +100%)
3. Confirm -- the order is set

How it executes: Server-side. Your TP runs even when you are offline or your browser is closed. Positions are scanned every 5 seconds.

Important: TP orders are best-effort, not guaranteed. When triggered, the order executes as a market swap at the current price — not necessarily at your exact target price. If the price gaps past your target (e.g., jumps from $95 to $110 when your TP is $100), the order fills at market price after the gap. In fast-moving markets, slippage may further affect your execution price.

Canceling: You can remove an active TP order at any time while the position is open.

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Stop Loss (SL)

Requires email login.

Stop-Loss automatically closes your position before it reaches liquidation.

Setting a SL:

1. Open your position details
2. Choose a stop price directly, or use the percentage presets (e.g., -10%, -25%, -50%)
3. Confirm -- the order is set

Validation: The platform prevents you from setting a SL below your liquidation price (for longs) or above it (for shorts). A stop-loss beyond your liquidation price would never trigger, so it is not allowed.

How it executes: Server-side. Your SL runs even when you are offline. Positions are scanned every 5 seconds.

Important: SL orders are best-effort, not guaranteed. When triggered, the order executes as a market swap at the current price — not at your exact stop price. If the price gaps past your stop (e.g., drops from $100 to $80 when your SL is $90), the order fills at market price after the gap. This means your actual loss may exceed what you expected when you set the stop.

Canceling: You can remove an active SL order at any time while the position is open.

Using TP and SL Together

Combining Take-Profit and Stop-Loss gives you a complete exit strategy. Set both when you open a trade, and you can walk away knowing your risk is capped and your profit target is locked in.

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Adjusting Leverage

The Adjust tab on your position gives you three tools to modify your leverage and exposure without opening a new position.

Withdraw Margin

Pull excess margin out of your position back to your wallet.

• Increases your effective leverage
• Moves your liquidation price closer to the current price
• When to use: A profitable position has built up excess margin and you want to free up capital for other trades.

Compound

Reinvest unrealized gains back into your position.

• Increases your position size using profits, without adding new capital
• Effectively doubles down on a winning trade
• When to use: You are confident in the direction and want to compound gains. Be aware this also increases your risk if the price reverses.

Add Collateral

Send additional margin from your wallet into your position.

• Reduces your effective leverage
• Pushes your liquidation price further away from the current price
• When to use: The price is moving against you but you believe in the trade and want to keep the position open. Adding margin buys you more room before liquidation.

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Merge Positions

If you have two positions in the same pool, you can combine them into one. Debt, margin, and interest are merged using weighted averages.

When to use: You opened multiple positions on the same token at different times and want to simplify management into a single position.

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Bulk Close

On the Positions page, select multiple positions and close them all in one action.

When to use: You want to clean up several positions at once -- end of day, end of week, or when you need to free up capital quickly.

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Share Position

Generate a shareable card showing your position's performance. You can toggle between showing ROI percentage or absolute PnL. Copy the card to your clipboard for sharing on social media.

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Liquidation

What Is Liquidation?

Every leveraged position has a Loan-to-Value (LTV) ratio. When your LTV exceeds the liquidation threshold, your position is closed automatically to repay the lender. You lose your margin.

LTV = Borrowed Amount / Position Value

Liquidation Thresholds

The liquidation LTV is set per loan offer by the lender — it is not a single platform-wide number. However, the protocol enforces a minimum spread between the max open LTV and the liquidation LTV to protect traders from unfair offers:

• For offers with max open LTV at or below 85%: the liquidation LTV is the higher of 90% or (max open LTV + 4%)
• For offers with max open LTV above 85%: the liquidation LTV is max open LTV + 5% (capped at 99%)

This means a lender cannot create an offer where you would be liquidated immediately after opening. There is always at least a 4–5% LTV buffer between where you enter and where liquidation triggers, giving the trade room to breathe.

How Much Room Do You Have?

Important: Interest accrual gradually increases your LTV over time, bringing your liquidation price closer. Swap fees and slippage at the time of liquidation also affect the exact outcome.

What Happens When You Get Liquidated

1. Your position is closed automatically (positions are scanned every 5 seconds)
2. Remaining value goes to repay the lender
3. Any remaining value goes to the lender — there is no partial return to the trader
4. The position is marked as settled in your trade history

How to Avoid Liquidation

1. Use lower leverage -- this is the most effective protection. 2x leverage gives you roughly 44% price buffer before liquidation.
2. Set a Stop-Loss -- closes your position before liquidation hits. Requires email login.
3. Add margin -- reduces your LTV and pushes the liquidation price further away.
4. Monitor your health indicator -- especially during volatile markets. If you see yellow or red, take action.
5. Size appropriately -- do not put all your capital into a single position. Spread risk across multiple trades.

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Trade History

Your History page records every event on every position. Each event is timestamped and linked to the position it belongs to.

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Keyboard Shortcuts

Keyboard shortcuts are available for power users. Press ? or click the shortcuts icon in the interface to see the full list. Shortcuts cover position actions, page navigation, and trade input fields.

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Next: Understand exactly what you pay in Trading.