Closing a Position
2 min read
How to exit a trade before expiry — fully or partially — when market conditions change.
Early Exit
Raven allows you to close open positions before expiry while the contract is still in the Trading state. This means you're never permanently locked in — if the market moves against you or you want to lock in a gain at current odds, you can exit early.
How to Close
- Find your position in the Open & Pending tab of the bottom panel.
- Click the Close button on the position row.
- The Close Position modal opens with your full position summary.
- Enter the quantity to close — up to your full holding.
- Review the details and confirm.
Full vs. Partial Close
| Close Type | What Happens |
|---|---|
| Full Close | All contracts sold at current market odds. CC returned immediately. Position removed from the panel. |
| Partial Close | A specified quantity is sold at current odds. The remainder stays open toward expiry. Both the sold portion and remaining open contracts are shown in history and positions respectively. |
Close Pricing
Early exit prices are based on current AMM odds at the time of closing. If the market has moved in your favor since entry, your exit price will be higher than your entry price and you'll recover more than you staked. If it has moved against you, you'll recover less — but still more than zero.
Trade History
All closed trades appear in the Trade History tab with: contract ID, direction, quantity, entry price, exit price (or settlement price for expired contracts), total return in CC, fee, and Canton transaction hash.