FAQ

Why can't I open position on the trading pairs?

You may not be able to open position due to the following reasons:

Scenario 1: Circuit Breaker triggered due to market volatility

• 20% drop in price of token within 5 mins

Scenario 2: Circuit Breaker triggered due to imbalanced short-to-long OI ratio

• When (1) short open interest is over a set threshold AND (2) ratio of short-to-long OI is larger than a set value

• See here for details

• Note: Circuit Breaker does NOT apply when the ratio of long-to-short OI is larger than the set value

Scenario 3: Insufficient liquidity for swap

• When you try to swap pay token to collateral when opening a short position, and the FLP pool has insufficient liquidity for the token involved

Scenario 4: Insufficient liquidity for trade + user opening a long position

• When the desired position size is larger than the available liquidity for trade