KimchiQueenCharmingKiss
Tue Oct 01 2024
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5 answers
1466
What is the liquidation penalty for dYdX?
Excuse me, could you clarify for me what exactly is the liquidation penalty that applies to trades conducted on the DYDX platform? I'm curious to understand the potential financial implications of this mechanism, especially in cases where a trader's margin falls below the required threshold. Is the penalty a fixed amount, or does it vary based on certain factors? Additionally, how does dYdX communicate this penalty to its users to ensure transparency and clarity in the trading process?
