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ATLAX · Technical Audit Mode · Pre-testnet
// 09 / 15

Liquidation Engine

Determines liquidation eligibility, partial/full unwinds, and protocol loss absorption.

// capabilities
Maintenance margin logic
Liquidation eligibility
Partial liquidation
Full liquidation
Liquidation penalty
Insurance fund protection
Bad debt handling
Keeper / liquidator roadmap
// example.account
Account Equity8,400 USDC
Position Notional62,000 USDC
Maintenance Margin Requirement6,200 USDC
Liquidation Threshold10%
Current Margin Ratio13.5%
StatusHealthy
// stress.scenario
XRP Move-6.5%
New Margin Ratio8.7%
StatusLiquidatable
ActionPartial liquidation simulated
Insurance Fund ImpactLow