Adjust leverage/size

You can always adjust your leverage / size of a trade.

Lower leverage reduces your risk, while higher leverage increases it.

In other words, higher leverage brings the liquidation price closer to the index price, whereas lower leverage moves the liquidation price further away from the index price.

Steps:

1. Tap your open position.

2. Tap the menu at the bottom left

3. Tap Adjust Leverage.

4. Move the slider up or down.

5. Confirm.

Position size and liquidation price update instantly.

When adjusting your leverage / size, your margin stays the same, meaning you're risking / derisiking your position.

This feature doesn’t exist on Hyperliquid — we built it from scratch. To reproduce it there, you would need to close your position and reopen a new one. If that’s required, a message will be displayed informing you that your current position will be closed and a new one opened. This also means you’ll pay fees twice and your PnL will be reset.