Summary
Learn how adding or removing USDC margin affects effective leverage, available balance, and liquidation price on an open Hype perps position.
Adjusting margin means adding USDC to, or removing USDC from, the collateral allocated to an open position. You are not closing or reopening the trade. You are changing how much collateral sits behind it.
To adjust margin:
- Open the position.
- Tap the edit or pencil icon.
- Choose whether to add or remove margin.
- Enter the USDC amount.
- Confirm the update.
Adding margin moves USDC from your available perps cash balance into the position. This gives the position more cushion, lowers effective leverage, and moves the liquidation price farther from the current market price.
Effective leverage is the leverage the position is carrying at a given moment. It can change as price moves, funding payments apply, or margin is adjusted.
Removing margin moves USDC out of the position and back into your available perps cash balance. This frees funds for other uses, but it raises effective leverage and moves the liquidation price closer to the current market price.
Removing margin increases risk. A smaller adverse price move may be enough to liquidate the position.
FAQ
Does adding margin close my position?
No. It adds collateral to the existing open position.
What happens when I remove margin?
USDC returns to available perps cash, but the position becomes more leveraged and closer to liquidation.
Why did my effective leverage change?
Effective leverage changes when price moves, funding applies, or you add or remove collateral.
Related articles: Initial and Maintenance Margin, Liquidation on Perps, Managing Your Perps Cash Balance.
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