FAQ

General

Q: Do I need to create a margin manager for spot trading? A: No, spot trading uses your wallet balance directly. Margin managers are only needed for leveraged trading.

Q: Can I use multiple margin managers? A: Yes, you can create multiple margin managers to separate different strategies or trading pairs.

Q: What happens if I get liquidated? A: Your position is automatically closed, the borrowed amount is repaid, and a liquidation reward (2-3%) goes to the liquidator. Any remaining collateral stays in your margin manager.

Trading

Q: What's the difference between market and limit orders? A: Market orders execute immediately at the current price. Limit orders only execute when the market reaches your specified price.

Q: Can I increase or decrease my position size after opening? A: Yes, you can place additional orders to increase your position or partially close to reduce it.

Q: How is PNL calculated? A: PNL = (Current Price - Entry Price) × Position Size. For short positions, this is inverted.

Technical

Q: Why did my transaction fail? A: Common reasons include:

  • Insufficient wallet balance for gas

  • Slippage exceeded (try increasing slippage tolerance)

  • Price moved significantly during transaction

  • RPC connection issues (try switching RPC endpoints)

Q: How do I switch RPC endpoints? A: Click the settings icon near your wallet address and select a different RPC endpoint from the dropdown.

Q: Where can I get testnet tokens? A: Use the Sui testnet faucet to receive testnet SUI, then swap for other testnet tokens.


Support

For additional help:

  • Visit the Abyss Protocol documentation

  • Join the community Discord

  • Report issues on Discord or Github


This documentation is for informational purposes only. Trading with leverage involves significant risk. Only trade with funds you can afford to lose.

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