Max Profit
Last updated
Last updated
The Maximum Profit Mechanism, designed to protect Liquidity Providers (LPs) and ensure the provision of liquidity. When a user's position reaches the max profit, a max profit liquidation will be triggered. Hyperion Exchange will liquidate the contract position that has achieved the max profit at the mark price. Max profit is typically set at 10 times the margin. (This may vary slightly for different currencies.)
Max Profit = Margin * Max Profit Multiplier
For Long Positions: Max Profit Price = Entry Price + Max Profit / Size
For Short Positions: Max Profit Price = Entry Price - Max Profit / Size
When liquidating for max profit, it's necessary to account for the liquidation fees deducted at the time of closure.For the max profit multiplier of different trading pairs, please refer to the detailed data of perpetual contracts.Upon triggering max profit, the profit is independent of the leverage used for the position and is solely related to the max profit multiplier for that particular currency.
Case:
| Trading Pair | BTC/USD |
|---|---|
Collateral（$）
10,000.00
Entry Price（$）
40,000.00
Leverage
40.00 x
Size
10
MaxProfitMultiplier
10
Max Profit（$）
100,000.00
Max Profit Price（$）
50,000.00
Close Price（$）
50,000.00
Fees（$）
-100
PnL（$）
99,900.00