Anyone here use Exolane? Quick question about their liquidations

[raihan97]

Been reading about Exolane and they say there's no liquidation penalty. Sounds too good — can anyone who's actually been liquidated there confirm?

 

From what I understand, if your position crosses the maintenance margin the keeper closes it at oracle price and you get whatever collateral is left. No extra cut taken. That's a lot different from Binance or Bybit where they charge 0.5%+ on top.

 

I've been paper trading on their testnet for the past week. Seems legit so far. Just want to hear from someone who's actually had it happen on mainnet before I put real money in.