How to Open a LP Position

  1. Navigate to our website: https://defituna.com. By default, you will land on the Markets section.

  2. Click the Connect Wallet button (the purple icon at the top of the page) and follow the prompts to connect the wallet you’d like to use.

  3. Once connected, go to the Liquidity Provision tab. There, you’ll find a table of all available pools. Select your desired trading pair by clicking on it.

  4. You’ll then be redirected to the Provide Liquidity section, where you can fully set up your position in the following order:

Position

You can choose whether or not to use leverage on your LP position by using the dropdown. You can also enter a custom value, which will display a slider allowing you to set or input your leverage.

“Disable Swap” determines whether you can deposit a single asset as collateral—if disabled, DefiTuna will automatically swap the necessary amount to reach the target position ratio; if enabled, your deposit must already match the required ratio.

“Borrow Ratio” allows you, when leverage is enabled, to choose the combination at which your borrowing will occur. In general, the asset you borrow is the one you end up shorting. You’ll also notice that your Borrow Ratio directly influences your PnL chart (on the left of the screen).

“Lower / Upper Trigger”, when enabled, allows you to close your LP position at a specific price and also enables you to swap your position into the desired token.

“Auto-Compounding”, when enabled, reinvests your yield back into your LP position.

“Size” indicates the notional value of your position in $, where Borrowed Funds + Margin = Position Size.

“Liq. Price” displays, when leverage is enabled, the price(s) at which your LP position will be liquidated.

“Deposit Ratio” is the distribution of your deposit across both sides of the pool from the current price.

“Margin” refers to the initial deposit of funds from your wallet.

“Fees” includes the protocol fee and a refundable fee.

“Slippage” defines the maximum deviation you’re willing to accept between the expected and actual execution of a transaction. On DefiTuna, Swap Slippage applies to token swaps, while Amount Slippage applies when adding or removing liquidity. If the deviation exceeds your tolerance, the transaction will revert. You can change these values by clicking the dropdown and selecting one of the preset options or entering a custom value.

If you're happy with the setup you may proceed by pressing on Create Position.

You can find a more in-depth guide here.

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