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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