Partial Liquidations

In the example, since only 29.5 USD worth of tokens is used as collateral to open the position, there will be a price at which the loss amount is very close to the collateral amount.

The price at which (collateral - losses - borrow fee) is less than 1% of the size of your position is known as the liquidation price. The position will be closed automatically if the token's price crosses this threshold.

It's critical to keep an eye on your liquidation price since it will alter over time due to the borrowing charge, particularly if you employ leverage more than 10x and hold the position for more than a few days.

The appropriate amount will be credited back to your account if any collateral remains after losses and fees have been taken into account.