You can reduce a margin position’s debt in two ways: repay it with assets from your wallet, or close part or all of the position and settle the debt from the assets already inside it. Both flows are guided in the app.
Repaying a position
Repaying lowers your risk, improves your leverage ratio, and moves you closer to owning the position’s assets outright. From the position detail view, click Repay to open the repayment dialog.
Select the repayment asset, for example USDC, from the dropdown menu.
Set the amount with the slider or the input field.
Review the preview, which shows how much debt will be repaid in token and USD value, your updated outstanding debt, and the new partial liquidation threshold.
Click Repay and approve the transaction in your wallet. Processing takes around 3 seconds.
Why repay
A partial repayment lowers your total debt, improving the health of the position and reducing liquidation risk.
A full repayment clears the debt entirely and gives you full ownership of the assets in the position.
Either way, repayment lets you adjust your equity ratio as market conditions change.
Closing a margin position
To settle debt using only the assets already held in the position, use the Close button. This partially or fully closes the position by selling part of it.
In the Close Position dialog, choose how much of the leveraged asset, for example OSMO, you want to use to repay the debt. The preview then shows:
The portion of your debt that will be repaid, in token and USD value
The current market rate used for the transaction
Any DEX swap fees applied
What will remain in your position afterwards
Any USDC that will be sent to your wallet
Click Close Position and approve the transaction in your wallet. Processing takes around a minute.
Close scenarios
Full debt repayment sells just enough of the position to settle all outstanding debt.
A partial close sells a portion of the position to repay part of the debt, leaving the rest intact.
A full close ends the position entirely and lets you decide what to do with what is left, either keeping some of the leveraged asset or converting all of it to USDC.