Managing your margin leverage position on Nolus is simple, flexible, and designed to support a range of trading strategies. Whether you're looking to repay partially, settle your debt in full, or close your position using only the assets within it, the process is seamless and contextually guided through the app’s interface.
Repaying a Position
Repayment helps reduce risk, improve your leverage ratio, or regain full control over the assets in your position. From the margin position detail view, click on the “Repay” button to open the repayment dialog.
Here’s how it works:
Select repayment asset – Choose the token (e.g., USDC) you want to use from the dropdown menu.
Set the amount – Use the slider or input field to define how much of your debt you’d like to repay.
Preview details – The UI will show how much of your debt will be repaid (in token and USD value), along with your updated outstanding debt and new partial liquidation threshold.
Confirm – Click “Repay”, approve the transaction in your wallet, and you're done. Estimated processing time is ~3 seconds.
Why Repay?
Partial Repayment: Lowers your total debt, improving the health of your position and reducing the risk of liquidation.
Full Repayment: Eliminates all debt and grants you full ownership of the assets in your margin position.
Strategic Flexibility: Allows you to adjust your equity ratio based on market conditions.
Closing a Margin Position
To repay your debt using only the assets already held in your margin position, use the “Close” button. This feature allows you to partially or fully close your position by liquidating a portion of it directly.
In the Close Position dialog:
Choose the amount to close – Select how much of the leveraged asset (e.g., OSMO) you want to use to repay the debt.
Preview breakdown – The interface shows:
The portion of your debt that will be repaid (token and USD value).
The current market rate used for the transaction.
Any DEX swap fees applied.
What will remain in your position after the transaction.
Any stablecoins that will be sent to your wallet.
Confirm – Click “Close Position”, approve the transaction in your wallet, and let the protocol handle the rest. Estimated processing time is ~1 minute.
Close Scenarios:
Full Debt Repayment – Automatically liquidates enough of the margin position to settle all outstanding debt.
Partial Close – Liquidates a portion of the position to repay part of the debt while leaving the rest intact.
Full Close + Asset Management – Closes the position entirely and lets you manage what’s left — either retain some of the leveraged asset or convert it all to stablecoins.