Leverage
Strips Exchange allows traders to use up to 28x leverage! Strips Exchange gives you the ability to super-charge your returns. You will never lose more than your individual position collateral on Strips Exchange.
Strips Exchange allows traders to open positions with 10x leverage. When a position's margin ratio falls below 3.5%, the position will be liquidated by the auto-liquidation engine.
⚠️ Using leverage puts your position at risk of being liquidated if the margin ratio falls below 3.5%. Be sure you understand the risks of leveraged trading before proceeding.
Example
You can open a long 10,000 AAVE-USDC-deposit interest swap position using 10x leverage with initial collateral of 1,000 BUSD. If the interest rate on the AAVE-USDC deposit rate drops, your position may result in a negative PnL. If the total unrealised PnL exceeds 650, your margin ratio will fall below 3.5%. If your margin ratio falls below 3.5%, your position may be liquidated.

Collateral

Currently, Strips accepts BUSD as collateral to open new positions. We may introduce other assets as collateral based on community feedback. You can add/remove collateral to existing positions. Note that if the position margin ratio falls below 3.5% your position may be liquidated.
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Last modified 4mo ago
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Collateral