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  • OVERVIEW
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  • f(x) Protocol Mechanisms
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    • ⚙️Key Functions of f(x) 2.0
    • 🚀Creating a Leveraged Position (xPOSITION)
    • 🪂Rebalancing the Position (Liquidation Brake)
      • Understanding the band system
      • Liquidation process
      • Developers
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  • FAQ
    • 🟦Is fxUSD an algorithmic stablecoin?
    • 🟦Where does the yield come from?
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    • 🟦Is there any LUNA-like risk?
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    • 🟦What could go wrong?
    • 🟦Why are there different stablecoins?
    • 🟦What is the difference between f(x) Protocol V1 and V2?
    • 🟦What price drop would it require for my xPOSITION to be rebalanced/liquidated?
  • GUIDES
    • 📈How to open a leverage position (xPOSITION)
    • 📉How to close a leverage position (xPOSITION)
    • 📐How to adjust your leverage / how to reduce your Liquidation Brake
    • ➕How to add/reduce a leverage position?
    • 💰How to stake into the stability pool?
    • 🚶‍♂️How to unstake from the stability pool?
  • MORE
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    • 1️⃣f(x) Protocol 1.0
      • Leverage
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      • Oracle
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  1. GUIDES

How to close a leverage position (xPOSITION)

PreviousHow to open a leverage position (xPOSITION)NextHow to adjust your leverage / how to reduce your Liquidation Brake

Last updated 4 months ago

To close an xPOSITION:

  • Head over to the page.

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

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

  • Hit the “MAX” link / Slide the bar to 100% / Type “100%” in the text box to close your entire position.

  • Hit the Preview button to review your trade.

  • Review your trade and the evolution of your xPOSITION, and once ready, hit the “Submit Transaction” button.

  • Confirm the transaction using your wallet.

📉
Trade