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How are margin calls work?

You will get margin warnings, notices and liquidation notices pursuant to the following schedule:

Varies based on initial LTV

Ranges for loans with 9.9% interest rates:

  • LTV ≥ 75% → courtesy notice that you may soon receive a margin call
  • LTV ≥ 80% → receive margin call and must cure to ≤ initial LTV within 48 hours*
  • LTV ≥ 90% → automatic liquidation

Ranges for loans with 11.50% interest rates:

  • LTV ≥ 80% → courtesy notice that you may soon receive a margin call
  • LTV ≥ 85% → receive margin call and must cure to ≤ initial LTV within 48 hours*
  • LTV ≥ 90% → automatic liquidation

*If you fail to cure within 48 hour period, we will liquidate collateral to restore your LTV to its initial value. Any excess fiat along with unliquidated crypto is returned to you. You will incur a 2% processing fee for crypto we sell.

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