📪Closing Trades
You can close your position at your chosen price.
Receive Profit or Remaining Collateral
All applicable fees will be deducted from your collateral and transferred to the Vault.
Slippage is fixed when closing via Market Orders.
Fees
When closing a position, the following fees apply:
Close Fee
Execution Fee (Free)
Holding Fee
These fees are deducted directly from your collateral before any profit or remaining balance is returned to your wallet.
See Fee Breakdown for detailed information.
Settlement
Base on the Virtual Market Making Vault design, when the position is closed, settlement is made in LVUSD/LVMON based on what type of collateral you use, more details are shown below:
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