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Managing a Position

Managing your position on Jupiter Lend includes repaying debt, adjusting collateral, reducing exposure, or fully closing your vault.

All changes happen directly inside your vault, and every action updates your health ratio in real time.

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Repaying your debt (Payback)

You can repay part or all of your debt at any time using the debt asset in your wallet.

Once your debt is fully repaid, your position becomes risk-free, and you can withdraw all remaining collateral.

Use this option if you want to close your position safely or reduce your exposure without selling collateral.

Adjusting your collateral

You can modify your collateral at any moment:

Add collateral → Increases your safety buffer and lowers your liquidation risk. 

Withdraw collateral → Decreases your buffer and increases your risk.
You can only withdraw up to the amount allowed by your current health ratio and the protocol’s automated limits.

How price movements affect your position:

  • If the value of your collateral increases, your health ratio improves.
    This gives you more room to borrow additional assets if desired.
  • If the value of your collateral decreases, your health ratio worsens and your borrowing capacity shrinks.
    In this case, adding collateral or repaying part of the debt helps restore safety.

Deleveraging

If your vault contains both collateral and debt, you can use Deleverage to reduce the position automatically.

The protocol sells a small portion of your collateral, repays part of your debt with it, and returns the remaining collateral to your wallet.

This is useful when you want to reduce risk or exit gradually without manually swapping tokens.

Closing a position

A position is considered fully closed when:

  1. Your entire debt is repaid
  2. All remaining collateral is withdrawn

You can close your vault by either:

• Repaying the full debt from your wallet

• Using Unwind until the debt reaches zero

Once closed, your vault no longer carries any risk.

Position NFT: When you close your position, the NFT created at opening remains in your wallet but is inactive. It can be burned to recover rent fees using external tools, but only if you’re familiar with the process. A native feature for this will be added later.