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Settlement of Debt

When your balance is in debt (i.e., negative PNL), you are unable to withdraw any collateral. However, Total Collateral, Free Collateral, and Buying Power are unaffected. To enable withdrawals again, you’ll need to pay down your debt balance.

Withdrawals are locked while debt is owed

Ways to Settle Debt

Settlement of debt can be completed multuple ways

  • Settle with Collateral (ETH/tBTC) - This settlement strategy will liquidate enough of an non USDx collateral type to repay any negative debt and unlock the remainder for withdrawal.

Note that debt settled via alternate provided collateral types will sell the necessary amount of collateral in the system to settle and outstanding debt.

  • Settle with USDx - This settlement type will use USDx outside of the perps account to repay any debt owed to the system.

Where to get USDx?

USDx can be swapped into via: https://swap.defillama.com/?chain=arbitrum&from=0x0000000000000000000000000000000000000000&tab=swap&to=0xb2F30A7C980f052f02563fb518dcc39e6bf38175

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