Your collateral combined with leverage determines how large a position you can open, how risk is managed, and what happens if the market moves against you. This section explains how leverage is applied, the role of collateral, and the mechanics of liquidation.
Supported Collateral
USDT - Mainnet Ethereum -
Minimum Deposit Amounts
Asset | Minimum Deposit |
USDT | 100 |
Initial and Maintenance Margin
Initial Margin (IM) – The amount of collateral required to open a position. Larger trades and higher leverage require more IM.
Maintenance Margin (MM) – The minimum equity required to keep positions open. If equity falls below MM, liquidation is triggered.
Formula – IMR = 2 × MMR, at minimum.
Example A trader opens a $10,000 BTC long with 10x leverage.
Initial Margin = $1,000 (10%).
Maintenance Margin = $50 (0.5%).
If equity drops below $50, liquidation occurs.
Examples
Cross Margin Example
Deposit: $10,000 USDT
Positions: +1 BTC long (IM = $6,000), -10 ETH short (IM = $4,000).
BTC loses $5,000 → equity = $5,000. Both positions remain open but liquidation risk is high.
If equity falls below MM, both positions are liquidated together.
Isolated Margin Example
Deposit: $10,000 USDT
Position: $6,000 BTC long in isolated mode.
BTC loses $6,000 → position equity = $0.
That position is liquidated, but $4,000 remains in the account.