How to close a multiply position
In this section, we'll learn how to close your existing multiply position.
Make sure you are connected to the app before you proceed. See how here.
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To get started, ensure you already have a multiply position. You can see how to find your positions here or how to create a new multiply position here.
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To close an existing multiply position, head to the position you want to close and click on the "Close" button. From the image, you can see we have two open multiply positions. Let's close the multiplied STRK position.
- Review the swap details shown in the expanded tab on the bottom of the position card and confirm if it looks ok. Note that you can change the slippage tolerance here. This can be helpful in particular in volatile markets where your close transaction reverts due to fast changing market prices.
The estimated swap amount shown under "More details" is quoted by the Ekubo DEX through which swaps are settled. This quote depends on the liquidity available on the Ekubo DEX. Please review the quote carefully before confirming your transaction, as it determines your payout amount.
- Confirm your close transaction from your wallet provider, and your multiply position will be unwound instantly.