IVX
  • Welcome to IVX
  • 0dtes Market Dynamics
    • Positions Payoff
    • Portfolio creation and Collateral
  • Liquidity Provision
    • Reserve Logic
    • Open Interest Cap
    • IVLP Mint and Redeem
    • Tutorial: How to provide/redeem liquidity
    • Technical Parameters
  • Trading Portfolio
    • Margin Model
    • Account Value
    • Cross Margin
    • Tutorial: How to interact with your portfolio
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On this page
  • Account Value
  • User Maintenance Margin (CVA)
  • Available for Trading
  • Account health
  • Cross Margin Trading
  • The main benefits of this are:
  1. Levo: Intent-Based Perp Market

Margin requirements

At any moment, users have to maintain an equity balance in the portfolio that is bigger than the total maintenance margin (CVA) of their opened positions.

Account Value

User account value is the sum of the value inside a user's portfolio:

Account\ value\ = $HONEY\ in\ portfolio + unrealised\ PNL

User Maintenance Margin (CVA)

The CVA is the amount required to be held by a user to keep the position open, where if the users account value falls below the total acount CVA, the users are liquidatable and will lose the entire account assets.

Available for Trading

In order to understand how much is left in your account to trade, you'll find it under {Available for Trading} section:

Available for Trading=Account value −Locked Margin−Maintenance MarginAvailable\ for\ Trading = Account\ value\ - Locked\ Margin - Maintenance\ MarginAvailable for Trading=Account value −Locked Margin−Maintenance Margin

Account health

You can identify the risk of your account by monitoring the account health factor.

  • 100% mirrors zero risk

  • 0% is liquidatable state

The closer the account health approach 0%, the highest the risk of getting liquidated.

Cross Margin Trading

Trading on Levo uses cross margin and so positions can be used against one another. This means that your portfolio serves as collateral against your positions. This helps to improve the capital efficiency of your trading experience on Levo.

The main benefits of this are:

  • Improved capital efficiency

  • Reduced margin requirements

  • Position offsetting

Last updated 2 months ago