MainLiquidations
Liquidations
Product manual for Torq liquidator action paths across triage, opportunities, protective prices, close factors, bonuses, settlement, claims, and recovery projection.
Liquidations are the concrete recovery mechanism for unhealthy borrower positions. The liquidator surface helps inspect candidates, pricing, close factors, bonuses, settlement modes, claim lifecycle, and projected recovery state.
Liquidation and claim settlement modals execute from indexed rows rather than editable modal fields. The exact row-selected actions are listed in Input Field Reference.

| Visible field | What the user enters or selects | What it is for |
|---|---|---|
Search | Type borrower, market, collateral, or status. | Filters liquidation candidates. |
Borrower | No input. Read the borrower address or label. | Identifies the position being reviewed. |
Health | No input. Read the health or LLTV state. | Shows whether the position is liquidatable. |
Close Factor | No input. Read the maximum repayable debt portion. | Shows how much debt can be closed. |
Liquidation Bonus | No input. Read the configured incentive. | Shows collateral bonus for successful liquidation. |
Protective Price | No input. Read conservative price context. | Shows the price bound used to avoid unsafe settlement. |
Settlement Mode | No input. Read direct, delayed-claim, recovery, or terminal mode. | Shows how settlement will complete. |
Execute Liquidation | Click the row action after reviewing the candidate. | Submits the liquidation transaction for the indexed opportunity. |
Settle Claim | Click an open delayed-claim row. | Settles a liquidation-linked claim. |
Execute Recovery | Click a permitted recovery action row. | Runs a recovery fund purchase or recovery cash payment. |