Liquidation
Last updated
Last updated
Note
In case of DVX liquidation, additional slippage may occur depending on network conditions and third-party exchange condition.
The Liq.Price provided by DVX is a prediction and may differ from the actual price.
The Liq.Price of a position can vary depending on the exchange providing the liquidity.
DVX doesn't execute liquidations directly.
Liquidation occurs when the value of collateral backing a perpetual trade drops below an MM(Maintenance Margin), triggering an automatic sale of assets to maintain the trade's margin requirements.
DVX adheres to the liquidation policies of the liquidity-providing exchange, which include considerations for price, fees, and the necessary Maintenance Margin (MM). Any margin left after liquidation is given back to the user.
MM(Maintenance Margin): The minimum amount of collateral required to keep a leveraged position open, preventing liquidation.