Liquidation is triggered when the Mark Price hits the Liquidation Price. The minimum maintenance margin rate for perpetual contracts on Zoomex is 0.5%  for BTC and 1% for ETH, EOS and XRP. Margin requirements will increase or decrease accordingly as risk limit changes.

Liquidation price is calculated based on the trader's selected leverage, maintenance margin and entry price.

Calculation of liquidation price

Isolated Margin Mode：

Buy/Long：

Sell/Short：

Cross Margin Mode:

Buy/Long：

Sell/Short：

Example:

Trader B has account balance of 0.5BTC and buy long 10000 contracts at 8,000 USD using Cross Margin.Assuming there is no other active orders.

*Note: For long position, the liquidation price will be rounded up to the nearest 0.5 decimal place or integer while for short position, the liquidation price will be rounded down to the nearest 0.5 decimal place or integer.