Liquidation

In the article below, you will find all required information needed for you to learn all about liquidation and how you can use it

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Written by Valter
Updated over a week ago

What is the liquidation amount?

The amount of collateral that will be liquidated will at least be equivalent to your Outstanding Balance. Any collateral liquidated in excess of your Outstanding Balance will be returned to your Fiat Wallet.

What is the liquidation hierarchy?

In the event that your collateral is liquidated, the liquidation hierarchy will follow the table below:

Rank

Coin

1

BTC

2

ETH

3

LTC

4

USDC

5

EOS

6

ADA

7

LINK

8

XLM

9

ATOM

10

VET

11

ALGO

12

DAI

13

PAX

14

CRO

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