Close a margin position

User Guide

• Navigate to the market where you hold an open trade. At the bottom panel under Your Position, you will see your active trade details.

• To close your position fully, click Close Trade in the position panel. Confirm the transaction in your wallet. This will exit 100% of your position.

• To close partially, go to the Close Position tab in the trading matrix. Here, you can select how much of your position to sell.

  • Use the predefined buttons: 25%, 50%, 75%, 100%, or click Max to close the full amount

  • The position size, leverage, open debt, and PnL will update in real time as you adjust

• Review the updated trade metrics:

  • Position Size: Remaining tokens after partial close

  • Net Leverage: Adjusts dynamically after reducing exposure

  • Open Debt: Partial exits repay debt before profits are realized

  • Slippage: You can adjust slippage settings (default max: 1%)

• Click Close Position and confirm the transaction in your wallet. Your position is now closed (partially or fully), and updates will appear in the dashboard.

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Important Information

• Partial Exits Repay Debt First: Any open debt is automatically repaid before profits are realized when you close part of a position.

• Leverage Adjustment: Closing a portion of your position lowers exposure and may reduce effective leverage.

• Debt-Free Exits: If all open debt is repaid, remaining proceeds count as profit/loss directly.

• Slippage Management: Set slippage tolerance to avoid failed transactions in volatile markets