AMOK
  • Why Avalanche?
  • AMOK: How it works
    • Overview
    • Futures Trading
    • Understanding Futures
    • vAMM
    • Leverage
    • Liquidation
    • Partial liquidations
    • Margin Ratio
    • Trading on AMOK
      • Step 1
      • Step 2 and 3
      • Step 4 and 5
      • Step 6
  • AMOK Token
    • Overview
    • Token specifications
    • Use cases
  • Limit Orders – AMOK
    • Why are limit orders on a different platform?
  • Staking – AMOK
    • Staking overview
    • Staking Period
    • Liquidity Pools and rewards systme
    • Pool Rewards
    • Vested token rewards
    • After period
    • Rewards calculation
    • Reward claim process
  • Perpetual Contract Specs - AMOK
    • AVAX/USDC
    • BTC/USDC
    • ETH/USDC
  • AMOK Marketing
  • How to get started
  • FAQ
    • What is AMOK?
    • What is the goal of AMOK?
    • How safe is AMOK?
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  1. AMOK: How it works
  2. Trading on AMOK

Step 6

PreviousStep 4 and 5NextAMOK Token

Last updated 3 years ago

Following Alice, Bob also uses 100 USDC to open a long position with 2x leverage. His position size will be 1.88 AVAX (98.04-96.15) as calculated by the vAMM.

After Bob gets his long position, Alice decides to close her position and realizes a profit of 7.84 USDC (10400 - 96.15*10,400/(96.15+1.96)- 200)

Seeing Alice makes a profit, Bob wants to close his position too, only to find out that he lost -7.84 USDC (10192.16-98.115*10192.16 / (98.115+1.885) - 200) after closing his position.