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ATA liquidation (HyperCore native)

On HyperCore, an ATA behaves like a normal account. If it fails local maintenance margin, HyperCore validators liquidate positions. Borrowers or Rebalancers must keep the ATA funded; ample Credit Account collateral does not stop HyperCore from liquidating an underfunded ATA.

Credit Account liquidation (Global)

If the HFHF of the combined Credit Account (including ATA equity) falls below 11, it can be liquidated even when the ATA itself is solvent.
  • A liquidator repays the debt and seizes all Credit Account assets, including the ATA.
  • ATA positions are closed and bridged back to HyperEVM to repay the liquidator.
  • Liquidator cost follows the liquidation bonus LBLB:
LiquidatorCost=TotalCollateralValue×(1LB)LiquidatorCost = TotalCollateralValue \times (1 - LB)
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