Forced liquidation occurs when the equity in a position’s margin account falls below a required level. To prevent further losses, the platform will automatically close the position.
When the maintenance margin ratio ≤ 100%, it indicates that the account equity is no longer sufficient to cover the maintenance margin and potential liquidation fees. In this case, the system will trigger forced liquidation. You are advised to closely monitor changes in the margin ratio.
Checklist
- What is forced liquidation?
- Under what circumstances will forced liquidation be triggered?
- What is the process of forced liquidation?
- Where can I check the liquidation price?
- What is the mark price?
- How is the liquidation price calculated?
- What fees are incurred during forced liquidation?
- Will my spot assets be affected if my futures is liquidated?
Notes
For information on how to calculate the maintenance margin ratio, please refer to: What is margin in futures trading?
Forced liquidation is not a single action. It generally involves the following stages: order cancellation, position reduction, and forced liquidation.
Order cancellation:
When the account risk exceeds a certain level but has not yet reached the position reduction threshold, the system will cancel some open orders to help restore the account to a safer state.
Details follow the official OKX help article; this page is a learning checklist, not an official mirror.
