The most annoying thing about DeFi leveraged trading is the liquidation issue. When the market slightly fluctuates, your position gets forcibly liquidated, even though your market judgment is correct. As a result, you end up losing everything. This really makes people feel frustrated.

However, there's an interesting perspective—some say that liquidation is not an inevitable fate of leveraged trading, but rather a result of many platforms being too poorly designed in the past. This view is worth considering. Indeed, the logic behind the liquidation mechanism is for platform risk control, but how it is specifically designed, how parameters are adjusted, and how much buffer space is left for traders are all decided by the platform. In other words, not all leveraged trading has to be so easily wiped out; it mainly depends on whether the platform's mechanism is reasonably designed.