Beaconsürdürme teminatı Defined
Maintenance margin is the minimum amount of collateral you must hold in your account to keep a leveraged position open. It is the line in the sand between an active position and a liquidation. When your account equity drops below the maintenance margin requirement, the exchange will begin the process of force-closing your position to prevent further losses.
Think of maintenance margin as the minimum balance your position needs to stay alive. You start with initial margin (the deposit required to open the position), and as the trade moves against you, your effective margin decreases. Once it hits the maintenance margin level, the exchange intervenes to protect itself and other traders from the risk of your position going further underwater.
How sürdürme teminatı Triggers Likidasyon
The likidasyon process is straightforward. At all times, the exchange monitors your margin ratio - the ratio of your current equity to your position value. This ratio is compared against the sürdürme teminatı rate for your asset and pozisyon büyüklüğü. When your margin ratio drops to or below the sürdürme teminatı rate, likidasyon is triggered.
For example, suppose you open a $10,000 long position on BTC with 10x kaldıraç ($1,000 of margin). If the sürdürme teminatı rate is 0.5%, you need at least $50 of equity to maintain the position. Your position would be liquidated when your losses reach $950 - which corresponds to roughly a 9.5% price drop from your entry.
The exchange checks your margin ratio against the mark price, not the last traded price. This protects you from being liquidated by temporary price wicks or manipulation. Your liquidation price is calculated in advance and displayed in the trading interface so you always know your risk threshold.
sürdürme teminatı Calculation
The basic formula for sürdürme teminatı is: sürdürme teminatı = Position Value multiplied by sürdürme teminatı Rate. The sürdürme teminatı rate varies by asset and sometimes by pozisyon büyüklüğü. For major crypto assets on Hyperliquid, sürdürme teminatı rates typically range from 0.5% to 2.5%.
Your margin ratio is calculated as: Margin Ratio = Account Equity divided by Position Value. When the margin ratio equals the maintenance margin rate, you are at the liquidation threshold. Account equity includes your deposited collateral plus any unrealized PnL from open positions.
In cross margin mode, maintenance margin is calculated against your entire account balance. In isolated margin mode, it is calculated only against the margin assigned to that specific position. Use the liquidation calculator to determine your exact maintenance margin and liquidation price.
Relationship to Kaldıraç
Leverage and maintenance margin are inversely related concepts. Higher leverage means a larger position relative to your margin, which means less room for adverse price movement before hitting the maintenance margin threshold. At 2x leverage, a 50% price drop would be needed to wipe out your margin. At 20x leverage, just a 5% drop achieves the same result.
This is why understanding sürdürme teminatı is so critical for leveraged trading. The higher your kaldıraç, the closer your effective margin is to the maintenance threshold from the moment you open the position. With 100x kaldıraç and a 0.5% sürdürme teminatı rate, you are already starting very close to the likidasyon line.
Smart risk management means choosing a kaldıraç level that gives you enough distance between your current margin and the maintenance threshold. This buffer is what allows your position to survive normal price fluctuations without being prematurely liquidated.
How to Stay Above sürdürme teminatı
The simplest way to maintain a safe margin ratio is to use conservative kaldıraç. If you are comfortable with 10x but only truly need 3x, the extra buffer can save your position during volatile periods. It is better to have unused margin capacity than to be liquidated during a temporary dip.
Setting zarar durdurma orders is another effective approach. A zarar durdurma will close your position at a predetermined price before it reaches the likidasyon threshold, giving you control over your maximum loss rather than leaving it to the likidasyon engine.
You can also add margin to an existing position if it is moving against you. In izole margin mode, adding margin directly pushes the likidasyon price further from the current price. In cross margin mode, depositing additional USDC to your account achieves the same effect. Monitor your margin ratio regularly and act before it reaches critical levels.