Position Introduction
4. Estimated Closeout Price: Assuming the price P is the price when your margin rate is equal to the maintenance margin rate, your position will trigger a closeout event or a partial closeout event when the reasonable marker price reaches the price P. The higher the margin ratio, the higher your position will be.
Maintenance Margin Rate: In order to prevent market liquidity from being impacted by large positions, MEME implements a graded maintenance margin rate system for its contract products. That is, the larger the user's position, the higher the minimum maintenance margin rate and the lower the maximum leverage available to the user.
Last modified 9mo ago