Question 1

What is a giá thanh lý?

Accepted Answer

A giá thanh lý is the price level at which your ký quỹ balance falls below the yêu cầu ký quỹ duy trì, triggering the automatic closure of your vị thế. When trading with đòn bẩy, if the market moves against your vị thế significantly, your losses can approach or exceed your ký quỹ ban đầu. The giá thanh lý is calculated to ensure the exchange can close your vị thế before your losses exceed your collateral.

Question 2

How is giá thanh lý calculated on Hyperliquid?

Accepted Answer

On Hyperliquid, the giá thanh lý is calculated based on your giá vào, kích thước vị thế, đòn bẩy, and the ký quỹ duy trì rate. For vị thế long, thanh lý occurs when the price drops enough that your unrealized loss equals your ký quỹ ban đầu minus the ký quỹ duy trì. For vị thế short, it's when the price rises to that threshold. The formula accounts for the yêu cầu ký quỹ duy trì (typically 0.5% for most assets) to ensure vị thế are closed before they go into negative equity.

Question 3

What is the ký quỹ duy trì on Hyperliquid?

Accepted Answer

The ký quỹ duy trì on Hyperliquid is typically 0.5% for most hợp đồng vĩnh viễn. This is the minimum amount of ký quỹ you must maintain in your account relative to your kích thước vị thế. If your ký quỹ falls below this level, your vị thế will be bị thanh lý. Different assets may have different yêu cầu ký quỹ duy trìs based on their volatility and liquidity.

Question 4

How can I avoid thanh lý?

Accepted Answer

To avoid thanh lý: 1) Use lower đòn bẩy - this gives your vị thế more room to move against you. 2) Set cắt lỗes before your giá thanh lý. 3) Monitor your vị thế regularly. 4) Add more ký quỹ to your vị thế if it's moving against you. 5) Reduce your kích thước vị thế if the market becomes volatile. 6) Never risk more than you can afford to lose.

Question 5

What's the difference between isolated and ký quỹ chéo?

Accepted Answer

Hyperliquid uses cross-ký quỹ by default, meaning all your account balance serves as collateral for all open vị thế. This provides more flexibility but also means losses in one vị thế can affect your other vị thế. Understanding this is crucial for quản lý rủi ro, as a large loss in one vị thế could potentially liquidate multiple vị thế if it depletes your account ký quỹ.

Question 6

What happens when I get bị thanh lý?

Accepted Answer

When your vị thế reaches the giá thanh lý, Hyperliquid's hệ thống thanh lý automatically closes your vị thế. The remaining ký quỹ after covering the loss goes to the quỹ bảo hiểm if there's any left, or the quỹ bảo hiểm covers any shortfall. You lose your ký quỹ ban đầu for that vị thế. There's no additional penalty beyond losing your ký quỹ, but the loss can be significant when using high đòn bẩy.

Question 7

Why is my actual giá thanh lý different from the calculator?

Accepted Answer

Several factors can cause differences: 1) Funding rates - accumulated positive or negative funding affects your ký quỹ. 2) PnL Chưa Thực Hiện from other vị thế in cross-chế độ ký quỹ. 3) Partial close or vị thế adjustments. 4) Different ký quỹ duy trì rates for specific assets. 5) Rounding in the exchange's calculations. This calculator provides an estimate - always verify with the actual giá thanh lý shown in your giao diện giao dịch.

Question 8

What đòn bẩy should I use?

Accepted Answer

There's no one-size-fits-all answer, but generally: beginners should use 2-5x đòn bẩy maximum. Even experienced traders rarely exceed 10x for swing trades. Higher đòn bẩy (20x+) is extremely risky and should only be used for very short-term trades with tight cắt lỗes. Remember: higher đòn bẩy means higher potential returns but also higher risk of thanh lý. A 50x vị thế có đòn bẩy only needs a 2% move against you to be bị thanh lý.

Hợp Đồng Vĩnh Viễn Máy Tính Thanh Lý

Long Vị Thế Example

Short Vị Thế Example

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