📪Closing Trades

You can close your position at your chosen price.

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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.

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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:

💲LVUSD Stablecoin🟪MON / LVMON