Step 2: Determine Your total deposit

This step is to xxx

Choose total deposit amount

The first step to open a position is determine the total position value you want to deposit into meteora. The total position contains your collateral and the leverage part, which

$$\text{Total Position Value} = \text{Collateral}\times\text{Leverage}$$

Take SOL/USDC apr as example, you can input the SOL and USDC you want to deposit in the red box, which is the total collateral you wanna deposit for this position.

After this, you can drag the leverage bar below to select the leverage ratio. We will support up to 5x leverage. This two will jointly determine the total amount of positions you will deposit into meteora.