Glossary
Margin tier
A band of position size within which a given maximum leverage applies. Larger positions fall into tiers with lower maximum leverage, so they require proportionally more margin.
Checked against the Hyperliquid documentation 8 Sept 2026 · how we check
Related terms
- Leverage The multiple of your collateral that a position controls. It does not change your fee rate; it changes how small a move against you exhausts your margin.
- Maintenance margin The minimum equity a position must retain. On Hyperliquid it is half the initial margin at the market's maximum leverage, so a 40x market requires 1.25% of notional.