Perpetual trading is leveraged, so understanding liquidation is essential. This section explains what triggers liquidation, how the mark price and cross-margin model affect it, what auto-deleveraging (ADL) is, and how to keep your account safe.
Liquidation closes your position automatically when your account can no longer meet maintenance margin. You can never lose more than your deposited balance — Yellow.pro does not issue margin calls for additional funds.
In This Section
Liquidation & Mark Price
What triggers liquidation, the process, and why mark price (not last price) decides it.
Cross-Margin Risk & ADL
How shared collateral aggregates risk, and how auto-deleveraging settles liquidations.
Margin Warnings & Risk Management
Warning emails and practical risk-management principles.
