Why Was the Position Liquidated Despite Setting a Stop Loss?

The main reason for a position being liquidated despite setting a stop loss is that the user chose a different trigger price for the stop loss.
On HashKey Global, forced liquidation is triggered based on the mark price.
Users can choose whether the stop loss is triggered by the latest price or the mark price.
Therefore, the mark price might trigger forced liquidation before the latest transaction price triggers the stop loss.
Thus, HashKey Global users can choose the stop-loss trigger price based on their trading strategy.

How to Check the Selected Stop Loss Trigger Price?

1. Step 1: Go to the Order History.
2. Step 2: Select the relevant trading pair.
3. Step 3: Check the 'Trigger Price' column.

Why is the Stop Loss Order Status Displayed as 'Canceled'?

When a position is liquidated, the system will cancel all active orders, conditional orders, take profit, and stop loss orders, and reset the position information.