Once your equity drops below 50% of the reserved tokens, the gradual closure of Leverage operations (closeout) is carried out in the following order:
- All orders in "Leverage" mode are canceled. If the ratio of "Equity" to the number of reserved tokens is still below 50%, all unprofitable open Leverage operations in open markets are terminated.
- If the ratio of "Equity" to the number of reserved tokens is still below 50%, all profitable active Leverage operations on open markets are closed.
- If the ratio of "Equity" to the number of reserved tokens is still below 50%, all remaining Leverage operations will be closed as soon as the respective markets open.
Note that not all markets open (or operate) at the same time. Therefore a profitable Leverage operation may be closed earlier than a loss-making one.