Liquidators
Last updated
Last updated
Anyone can be a liquidator and request the AMM to liquidate a given trader. The AMM then either rejects the request if the trader margin is above the initial margin, or proceeds.
The liquidator earns a fee that is subtracted from the trader margin. The liquidation fee is shared between the protocol and the liquidator.
There are different ways to liquidate traders on D8X:
The D8X open-source liquidator bots allow to liquidate positions