A margin call is a warning that your Loan-to-Value (LTV) ratio has reached a level where your loan is at higher risk typically due to a drop in the value of your crypto collateral.

When Does It Happen?

A margin call is triggered at 80% LTV. This gives you time to respond before automatic action is taken. If your LTV reaches 90%, part of your collateral will be automatically liquidated to bring your LTV back to the original level. A 5% fee applies to the amount sold.

What Are My Options?

You can:

• Send additional collateral to reduce your LTV

• Pay off a portion of your loan

• Do nothing and continue to monitor the situation (note: this increases risk)

What If My LTV Keeps Rising?

If your LTV reaches the liquidation threshold (typically 90%), APX will automatically sell part of your collateral to restore your original LTV. To avoid this, act promptly when notified.

How Will I Be Notified?

You’ll receive email alerts every 6 hours while your loan remains in margin call. These updates include your current LTV and instructions on how to respond.