Risk Dashboard
Understanding risk metrics and margin health in the dashboard
The Risk Dashboard provides a real-time view of your margin utilization, portfolio Greeks, and proximity to the liquidation threshold. It is designed for market makers and active traders who need to monitor account-level risk at a glance.
Margin Health
The margin health indicator shows your current margin utilization as a ratio of used initial margin to total deposited collateral.
| Indicator | Condition |
|---|---|
| Healthy | Utilization below 70% |
| Warning | Utilization between 70% and 90% |
| Critical | Utilization above 90% |
| Liquidation Risk | Maintenance margin breach imminent |
Key Metrics
- Initial Margin (IM) — The collateral required to open and maintain current positions. Computed by the on-chain margin engine using a stress-loss model over Black-Scholes Greeks.
- Maintenance Margin (MM) — The minimum collateral required to keep positions open. A breach triggers liquidation.
- Available Margin — Deposited collateral minus used initial margin. This is the buffer available for new positions or withdrawal.
- Health Ratio —
Available Margin / Initial Margin. A ratio below 1.0 indicates a maintenance margin breach. - Liquidation Threshold — The collateral level at which automatic liquidation may be triggered by the keeper service.
Portfolio Greeks
The Greeks panel aggregates sensitivity across all open positions:
| Greek | Description |
|---|---|
| Net Delta | Overall directional exposure in USDT per 1% underlying move |
| Net Gamma | Rate of delta change; high gamma implies frequent rehedging needs |
| Net Vega | P&L sensitivity to a 1% move in implied volatility |
| Net Theta | Daily time decay across the portfolio |
Greeks update in real time via the private WebSocket stream.
Real-Time Risk Updates
Risk metrics refresh whenever a new position update or mark price arrives via the private stream. The last-updated timestamp is displayed in the panel header. If the stream is disconnected, metrics are stale and shown with a visual indicator.
For a detailed explanation of the margin model and stress-loss calculation methodology, see Margin System. For risk management guidance in the trading app context, see Risk Management.