<p style="margin-left:1.5em;">Liquidation occurs when the debt of an open position (perpetual trading) reaches 99% of the user's collateral. Any leftover funds after liquidation will be sent back to the user's wallet.</p>


Liquidation occurs when the debt of an open position (perpetual trading) reaches 99% of the user's collateral. Any leftover funds after liquidation will be sent back to the user's wallet.

When does liquidation occur?