#Orders, Pricing And Liquidations

This page explains the most common execution and liquidation questions. Start here if an order stayed pending, settled at a different price than the quote, or a liquidation seemed surprising.

#Key Facts Before You Investigate

#My Order Filled At A Different Price Than The Quote

Exolane settles orders at the next valid oracle price, not the quote displayed at the exact moment you clicked.

• If the oracle updates while your order is pending, your final price moves with that update.
• That is oracle timing, not size-based slippage caused by your order.
• If you need tighter control over acceptable entry or exit price, use limit orders.

For the full settlement model, see Settlement.

#My Order Is Still Pending

• A 1-5 second pending window is normal.
• It can take longer if the oracle is stale or the network is congested.
• After 40 seconds of stale prices, the system pauses until fresh prices arrive.
• Do not assume the order is missing just because the quote has not refreshed yet.

#Why Can I Not Open A Position?

Common reasons include:

• Insufficient collateral in your account
• The requested trade would exceed maximum leverage
• The market already has too many pending orders
• The oracle is stale and trading is paused

#Why Can I Not Close Or Modify A Position?

• Settlement needs a fresh oracle price. If the oracle is stale, close and margin-change operations pause.
• If you rely on 1-Click Trading, an expired local session can prevent signing until you re-enable it.
• Network congestion can slow keeper processing even when the protocol rules are working normally.

If the problem looks like signing or wallet state rather than protocol state, continue with Wallet and Connectivity Issues.

#I Was Liquidated Even Though The Market Bounced Back Later

• Liquidation is triggered when the price reaches your liquidation threshold.
• Once a keeper initiates liquidation, later price recovery does not undo it.
• If the oracle is stale, liquidations pause instead of using stale prices.
• Exolane currently charges 0% liquidation penalty. Remaining collateral stays in your account, and if losses exceed collateral the protocol absorbs the deficit rather than charging you more.

For the full rules, see Liquidations.

#How To Investigate An Execution Or Liquidation Question

• Wallet address
• Transaction hash or order hash
• Market and side
• Approximate time and timezone
• Displayed quote versus final settlement price
• Screenshot of the order state if available

#Next Steps