➕How to add/reduce a leverage position?

Adding up or reducing an xPOSITION is as easy as creating or closing one.

You can create as many xPOSITION as you want; they will all be aggregated into a single global one.

For example, suppose you create a first xPOSITION with a 2x leverage worth $10,000 and a second xPOSITION with a 4x leverage worth $10,000. In that case, you will end up with a $20,000 xPOSITION with a 3x leverage (assuming you opened them simultaneously with the same execution price). Now, let’s see how to do that practically.

How to add to a leverage position

• Head over to the Trade page.

• If not already, hit the “Buy / Open” tab.

• Connect your wallet using the upper right “Connect Wallet” button.

• Input the amount you would like to leverage. The default asset is USDC; you can pledge other assets by clicking the down arrow.

• Set the requested leverage using the slider bar and wait for the preview to load.

• Hit the Preview button to review your trade.

• Review your trade and the evolution of your xPOSITION, then click the “Submit Transaction” button when ready.

• Confirm the transaction using your wallet.

How to reduce a leverage position

• Head over to the Trade page.

• Connect your wallet using the upper right “Connect Wallet” button.

• Click on the “Sell / Close” tab of the order box.

• Slide the bar to the desired amount / Type the amount or the percentage in the text box you would like to close.

• Hit the Preview button to review your trade.

• Review your trade and the evolution of your xPOSITION, then click the “Submit Transaction” button when ready.

• Confirm the transaction using your wallet.