Liquidation

Note

1. In case of DVX liquidation, additional slippage may occur depending on network conditions and third-party exchange condition.

2. The Liq.Price provided by DVX is a prediction and may differ from the actual price.

3. The Liq.Price of a position can vary depending on the exchange providing the liquidity.

4. DVX doesn't execute liquidations directly.

Liquidation

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.

Every detailed liquidation policy depends on its own exchange policy. Check all of the information on Exchange page.