> For the complete documentation index, see [llms.txt](https://docs.vela.exchange/vela-knowledge-base/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.vela.exchange/vela-knowledge-base/exchange/trading/positions/close-position.md).

# Close Position

Users can partially or fully close a position via market order by selecting the Close option using the three dots each row of the Positions table, or simply by clicking on the position in the Open Positions Dashboard. Once this option is selected a new pop up window will appear that shows all details of a trade , allowing users to select what % of the position they would like to close.

<figure><img src="/files/FpFPmO6rW1cPIR7X1d1Y" alt="" width="375"><figcaption><p>Close Position modal</p></figcaption></figure>

Profits from the trade will be paid in USD on the exchange. Users can use USD as collateral for another position or redeem it for USDC (1:1).


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