MUMMY Finance
Launch App
  • Introduction
  • Audits
  • Tokenomics
    • Staking lzMMY on Optimism
  • Rewards
  • Earn
    • MLP
    • MSLP
      • Multi-asset Minting (Fantom Opera)
  • Trade
    • Trading V1
    • Trading V2
      • Positions
        • Profit, Loss, and ROI
        • Increase Collateral/ Leverage
        • Add to Position
        • Triggered Orders
        • Edit Triggered Orders
        • Close Position
      • Platform Mechanics
        • Pyth Price Feed
        • Fees
        • Risk Mitigation
    • Asset Pairs and ID
  • Swap through Aggregator
  • Prediction
    • How to Use Prediction
    • Prediction FAQ
    • Prediction Troubleshooting
  • Wormhole Bridge
    • Wormhole Bridge Guide
    • Wormhole Bridge FAQ
  • Mummy NFT
    • Mummy Club on Fantom
      • Why should you buy Mummy Club NFT?
      • The early bird gets the fat worm
      • Mummy Club Sale Details
      • How to buy and earn with Mummy Club NFT
      • How to stake Mummy NFT and Real Yield on Mummy
    • Mummy Rebirth NFT on Fantom
      • Mummy Rebirth Benefits
      • Mummy Rebirth Sale Details
      • ⚠️Cautions
      • How to mint Mummy Rebirth?
      • FAQs
    • Mummy Club on Optimism
      • Why should you mint NFTs on Optimism Mummy Club?
      • Mummy Club 2nd collection sales details
      • How to buy and earn with Mummy Club NFT on Optimism
  • Social Features
    • Referrals V1
    • Referrals V2
    • Position Share
  • Helpful Guides
    • Trade Guide
      • Deposit/ Withdraw Collateral
      • Open/ Close a position
      • Edit Position
        • Add to position
        • Increase Leverage
        • Increase Collateral
        • Add Take Profit/ Stoploss
        • Add Trailing Stop
    • Connect Wallet
      • Connect with MetaMask
      • Connect with CoinBase
      • Backup RPC URLs
  • Contracts
    • Contracts V1
    • Contracts V2
  • Mobile
  • Community Groups
  • Terms Of Use
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  1. Trade
  2. Trading V2
  3. Positions

Close Position

PreviousEdit Triggered OrdersNextPlatform Mechanics

Last updated 1 year ago

Users can partially or fully close a position via market order by selecting the Close option using the three dots each row of the Positions table, or simply by clicking on the position in the Open Positions Dashboard. Once this option is selected a new pop up window will appear that shows all details of a trade , allowing users to select what % of the position they would like to close.

Profits from the trade will be paid in USD on the exchange. Users can use USD as collateral for another position or redeem it for USDC (1:1).

Modal Close Position