Your position closes at market price when maintenance margin is breached.
You Get:
Position closed at mark price
Liquidation fee (5-25%) paid to liquidators/LP fund
Remaining collateral returned (if any)
You Do NOT Get:
A "margin call" email asking for more funds.
A refund if the price bounces back 1 second later.
Always maintain excess collateral buffer.
Last updated 6 days ago