Portal FAQ
Portal FAQ
Here are answers to common questions about using Portal on Loopring DeFi for leveraged trading.
Can I change my leverage after opening a position?
Yes. You can adjust the leverage on an open Portal position by:
Going into the Positions tab.
Selecting your open position.
Using the leverage toggle to increase or decrease your leverage level.
Adjusting leverage will affect your borrowing amount and margin level. Always monitor your updated liquidation price after making changes.
Can I add more collateral after opening a position?
Yes. You can add additional collateral at any time through the Collateral Management section. Adding collateral improves your margin level and reduces liquidation risk.
What happens if my margin level falls too low?
If your margin level falls below 1.10, your position becomes eligible for liquidation.
Liquidation may occur automatically to repay the borrowed amount.
You can prevent liquidation by adding more collateral or partially closing the position early.
Can I manually close a position at any time?
Yes. You can close your open position at any time from the Positions tab in Portal. Closing locks in your current profit or loss based on the market price at that moment.
How is the margin level determined?
Your margin level measures the health of your leveraged position. It is calculated as:
Margin Level = (Balance + Collateral) / Total Debt
Balance = Unrealized profit or loss
Collateral = The assets you've supplied to support the position
Total Debt = Borrowed tokens plus accumulated funding costs
A higher margin level means a safer position. If your margin level drops below 1.10, your position becomes eligible for liquidation.
What happens if I get liquidated?
If your position is liquidated:
Your collateral is used to repay the borrowed tokens.
Any remaining collateral (after debt and liquidation fees) will be returned to your account.
Your open position will be forcibly closed.
[!TIP] š” Keeping your margin level above 1.5 is recommended to stay in a low-risk zone and avoid liquidation.
Can I open multiple leveraged positions at once?
Yes. You can open multiple Portal positions simultaneously.
Monitor each position separately through the Positions tab.
š Quick Access
Last updated