Below is a glossary of terms commonly seen within the exchange platform.
Price of underlying asset (currently: as reported by Pyth)
Price of market
1/24 the average premium every hour. if positive, longs pay shorts. if negative, shorts pay longs. see for more details
Total size of all positions (long and short) in the market
Total volume traded in past day in the market
A base / quote asset pair
The position's bet on price change
The position's base asset value
The position's quote asset value
Average price paid (cost basis) for acquiring position
Average price realized if closing entire position
Soft estimate of price where liquidation of account will occur
P&L (Profit & Loss)
Profit and/or Loss of position Calculated on difference between EXIT PRICE and ENTRY PRICE
Opens modal for reducing/closing position
The total USD value of collateral (Wallet Balance +/- UnrealisedPnL)
Sum of Unrealised PnL in all open positions
Unrealised Funding P&L
Unrealised amount collected/paid for funding payments. (will be automatically realised upon next user action)
The value of collateral that can be used to open new risk-increasing positions
Total Notional Position Size / Total Collateral
Total Collateral / Total Notional Position Size
Partial Margin Req.
The Partial Margin Requirement is the Margin Ratio at which users will be partially liquidated.
Maintenance Margin Req.
This is the margin ratio at which users will be fully liquidated.