Moda Network Whitepaper
  • About Moda
    • Moda Team
    • Our Mission
    • Contact
  • Moda Trade
    • Asset classes
    • Open\Close position
    • Slippage
    • Liquidation Mechanism
    • Fees
      • Opening Fee / Closing Fee
      • Price Impact
      • Borrowing Fee
      • Rollover Interest
    • Fee Allocation
    • Referral Program
  • Moda DON
  • mUSDT Vault
    • mUSDT
    • TikTok System
    • mUSDT Minting and Burning
    • $MODA Minting and Buyback
  • $MODA Tokenomics
    • $MODA Allocation
    • $MODA Single Side Staking Pool
    • $veMODA & DAO Staking Pool
  • Moda DAO
  • Ecosystem Fund
  • Roadmap
  • FAQ
  • Disclaimer
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  1. Moda Trade

Open\Close position

Traders can only use USDT to open and close positions on Moda Trade. Traders can set stop-loss orders and take-profit orders when opening positions.

Position = Collateral * Leverage

Minimum position for a single order is 1500 USDT.

Maximum amount of collateral in a single transaction is less than 1 million USDT.

The maximum number of open transactions for a single address is limited to 3.

Maximum profit rate from a single transaction is 900%.

When the vault collateral rate is too low, users may not be able to close all positions or may be forced to close their positions.

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Last updated 1 year ago