> For the complete documentation index, see [llms.txt](https://docs.orchai.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.orchai.io/orchai-money-market/solana-market/liquidation.md).

# Liquidation

Any debt position on Solana Market requires **more collateral deposited than the debt taken**. The ratio between collateral and debt is called **Loan-to-Value** (**LTV)**

The LTV ratio reflects the **health of your position** and indicates your **liquidation risk**.

If your position reaches the **Liquidation LTV threshold**, it becomes eligible for liquidation.

## Partial (Soft) Liquidations

Instead of liquidating a borrower’s entire position, the protocol performs **soft liquidations**, where only a portion (e.g., 20%) of the user’s debt is repaid.

This mechanism prevents unnecessary full liquidations and allows slightly undercollateralized positions to recover if market conditions improve.

Borrowers with significantly higher LTVs may be liquidated multiple times until their position returns to a healthy state.