From 3a27b2374357c2d20ff89519aba1b6ca17cdcda6 Mon Sep 17 00:00:00 2001 From: Good Sanai Date: Sat, 25 Mar 2023 06:21:43 +0000 Subject: [PATCH] GITBOOK-122: No subject --- execution.md | 3 ++- 1 file changed, 2 insertions(+), 1 deletion(-) diff --git a/execution.md b/execution.md index 359bbe6..44cc7d0 100644 --- a/execution.md +++ b/execution.md @@ -128,7 +128,7 @@ Outstanding positions are subject to liquidation if the relevant liquidation pri Outstanding positions eligible for liquidation are liquidated at the earliest chance, to protect the users and the platform. -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. +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. ## Risk management @@ -138,6 +138,7 @@ Trading at uniwhale is subject to the following constraints: * The number of open positions for each pair a trader can carry is capped. * The number of open positions across pairs a trade can carry is capped. * The total margin across pairs a trader can carry is capped. +* Each pair is subject to the maximum total long and short positions. * There is a minimum position (after leverage) required. * 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)). * The maximum possible PnL of all open positions (long and short) across the platform cannot exceed the prevailing market value of Liquidity Pool.