Watches a wallet address (read-only) and alerts you when a position comes within your chosen distance of its liquidation price.
How we compute it
Guard reads the public positions of a wallet address you enter, read-only: no keys, no wallet connection.
It compares each position’s liquidation price with the current mark and alerts you when the distance falls below the threshold you chose, on the channels you picked (e-mail, Telegram, Telegram groups, alert webhooks).
How to read it
The distance is (liquidation price − mark) ÷ mark, the same number the near-liquidation list shows.
Common mistakes
Expecting Guard to act. It only reads and alerts; it cannot close, hedge or add margin to a position.