Сезон 1Епізод 232:21

Liquidation: who pressed the forced-close button?

У цьому уроці Understand liquidation triggers, the mark price and maintenance requirements, without using inverse leverage as an exact formula.

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Головне

  1. Many perpetuals judge liquidation by the mark price and margin rules, not the last trade.

  2. Near the maintenance requirement, the system can reduce or close the position.

  3. A closed position does not come back when the price rebounds.

Швидка перевірка

A leveraged position was liquidated, and later the price went back up. What happens?

Спробуйте самі

Play the same virtual drop-then-rise market, and watch plain spot and a simplified isolated contract separately.

Показати відповідь

The path matters. A contract liquidated midway isn't restored by a later rebound.

Текст уроку

  1. Sam

    The price I'm watching hasn't got there. Why is the alarm going off?

  2. Nexubo

    The last traded price isn't always the price used to judge liquidation. Many perpetuals assess risk using a mark price and margin rules. Check which rules your platform actually uses.

  3. Оповідач

    When the price moves against the position, losses eat into equity. Near the maintenance requirement, the system may cancel orders, reduce the position or force-close it. It won't necessarily wait for your OK.

  4. Nexubo

    Liquidation usually means this forced-close risk event, not your phone's button breaking. The real trigger depends on fees, maintenance margin, margin mode and more. 10x doesn't mean exactly a 10% drop.

  5. Sam

    It went back up later. Can I just wait for it to come back?

  6. Nexubo

    A closed position doesn't come back on its own. A drop and then a rise can end very differently for a leveraged position and for plain spot you just held.

  7. Sam

    Not guaranteed.

  8. Nexubo

    It's not just the destination. It's whether you can survive the path.

  9. Оповідач

    Price barely moved, and you didn't close, but your balance dropped. The final episode is next.

  10. Оповідач

    Understand first, then act.