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@@ -128,7 +128,7 @@ Outstanding positions are subject to liquidation if the relevant liquidation pri
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Outstanding positions eligible for liquidation are liquidated at the earliest chance, to protect the users and the platform.
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Liquidation closes the relevant position. It is subject to a liquidation penalty. In order to avoid the liquidation penalty, traders are advised to close a position before liquidation is triggered.
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Liquidation closes the relevant position. It is subject to a liquidation penalty (currently 10% of the liquidation). In order to avoid the liquidation penalty, traders are advised to close a position before liquidation is triggered.
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## Risk management
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@@ -138,6 +138,7 @@ Trading at uniwhale is subject to the following constraints:
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* The number of open positions for each pair a trader can carry is capped.
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* The number of open positions across pairs a trade can carry is capped.
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* The total margin across pairs a trader can carry is capped.
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* Each pair is subject to the maximum total long and short positions.
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* There is a minimum position (after leverage) required.
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* A position is subject to the maximum percentage PnL, determined as a function of your margin and leverage (see [Maximum Percentage PnL](execution.md#maximum-percentage-pnl)).
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* The maximum possible PnL of all open positions (long and short) across the platform cannot exceed the prevailing market value of Liquidity Pool.
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