Why was my position liquidated?

If you see a liquidation right after you opened the position

A large market order fills across several price levels of the order book, so its average price can end up far from the mark price. The position can then fall below its maintenance margin and the system liquidates it at once. This happens more easily with low market cap coins, where fewer orders sit near the current price.

Before you place a large order:

• Check the order book depth.
• Split the order into smaller orders.
• Use a limit order.

If you see the price move against you and reach your liquidation price

The higher the leverage, the closer the liquidation price is to your entry price. Adding margin lowers the chance of a liquidation. Adding more contracts to a position that is already in loss raises the risk of liquidation.

• See How to Minimize the Risk of Liquidation?
• See Introduction to Liquidation Protocol.

If you see a Stop Loss that did not stop the liquidation

A Stop Loss limits your loss when the market moves against you. If the price reaches your stop first, the order can close the position early. A Stop Loss does not prevent liquidation. If the market reaches the estimated liquidation price, liquidation starts whatever Stop Loss orders you set. The main way to lower the risk is to keep enough Maintenance Margin (USDT) in your account. You can watch it in the position tab.

• See How to Place Stop Loss Order and Take Profit Order?

If you see a CFD liquidation before the market closed

CFDs use different margin requirements for Intraday, Overnight, Weekend and Holiday periods. The system can liquidate a position you opened in the intraday period before the market closes, because the overnight requirement is higher than the intraday one. The overnight and weekend or holiday requirements start 15 minutes before the market’s official closing time.

• Check the requirements for your market on its contract details page.
• Before a market closes, avoid over-leveraging and use Stop Loss and Take Profit orders.
• See Overnight and Weekend Margin for CFD Trading.

If you see the price never reach the estimated liquidation price

Compare your Total Account Value with your Maintenance Margin (USD) in the position tab. Liquidation starts when the first falls below the second.

For crypto perpetual contracts, CoinUnited.io uses the mark price to calculate unrealized profit and loss. Your chart may show the last price instead, so check which price your chart shows. CFDs do not use a mark price.

If you see a balance drop larger than you expected

The system closes a position it liquidates at the market price. If the market moves quickly or there is not enough liquidity, the position can close at a worse price. Your loss can then be larger than your margin balance. If a liquidation leaves your account with a negative balance, the system also cancels pending withdrawals to cover the loss.

• See the article “My balance is missing or lower than expected”.
• See What Is Insurance Fund?

If you see your open orders gone, or only part of the position closed

When liquidation starts, the system cancels all open orders. If your balance is not enough, it unstakes flexible staking to cover margin needs. Liquidation can be gradual. If closing part of the position brings your account back above the maintenance requirement, liquidation stops.

If you see no liquidation in [History], but the position closed

Check [History] and the Order History tab for a close order that you placed, or a Stop Loss or Take Profit order that triggered. See How to Check My Trading Activity?