How to Close Credit Account

Closing your account and avoiding liquidations.

Before you close a Credit Account (farming or margin trading), you must repay your loan and the accrued interest.

Option 1: Swap All Assets to Underlying and Repay the Debt

• The protocol swaps your non-underlying assets to the underlying asset on DEXes.

• It repays your debt, and you receive remaining funds in your wallet.

• Set your slippage tolerance (top-right settings).

• Click “Swap and Get Tokens.”

• If price changes beyond the slippage limit, the transaction reverts.

Option 2: Repay the Debt and Keep All Assets

• You repay the loan from your personal wallet.

• After repayment, all Credit Account assets go to your wallet.

• Only works if your wallet holds enough of the denominated debt asset.

Option 3: Keep a 0-Debt Credit Account

• Great option if expecting airdrops to your Credit Account.

• Pay off the debt and withdraw assets, but retain the Credit Account.

• No ongoing fees. You stay liquid and airdrop-eligible.