Risk Monitoring Dashboard

The Risk Monitoring Dashboard is a protocol-level risk intelligence tool available in Pro Mode. It serves two purposes:

For your own positions: Monitor your open Margin Account positions, track your Health Factor in real time, and understand how much room you have before liquidation.
For the protocol: See the overall risk state of every active margin account on the protocol, track bad debt and liquidation activity, and run stress simulations to understand how market crashes or extreme scenarios would impact both your positions and the protocol as a whole.

Whether you want to stay on top of your own risk or evaluate systemic risk across the entire protocol, the Risk Monitoring Dashboard gives you the tools to do both.

The Risk Monitoring Dashboard is available in Pro Mode only. Switch to Pro using the Pro / Lite toggle in the top navigation.

What it shows

The dashboard tracks the overall risk state of the protocol across all active margin accounts. Key top-level metrics:

Metric	What it means
Active Bad Debt	Uncovered protocol loss from positions where debt exceeds collateral
Insurance Fund	Reserve available to cover bad debt
Positions Below HF 1.1	Number of accounts eligible for liquidation + total debt at risk
Value Eligible for Liquidation	Total debt value in liquidatable positions
Average Health Factor	Debt-weighted HF across all active margin accounts
Total Collateral at Risk	USD value of collateral backing positions with HF below 1.5
Average Leverage	Debt-weighted leverage across all active accounts
System Health Score	Composite 0–100 score reflecting overall protocol risk level

Health Factor status thresholds

Status	Health Factor	Meaning
🟢 Healthy	HF ≥ 1.5	Position is comfortably safe
🟡 Warning	HF 1.3 – 1.5	Approaching risk zone
🟠 Critical	HF 1.1 – 1.3	Close to liquidation threshold
🔴 Liquidatable	HF < 1.1	Eligible for liquidation

Dashboard sections

Positions

All active margin accounts ranked by Health Factor, PnL, or leverage. Expand any row to see the full margin breakdown and liquidation distance.

Liquidations

Monitor recent liquidation events and wallets currently eligible for liquidation.

Risk Explorer

Run stress simulations - single asset crash, multi-asset correlated crash, stablecoin depeg, and more.

Before you start

You must be in Pro Mode - switch using the Pro / Lite toggle in the top navigation.
The dashboard uses live on-chain data and oracle price feeds, refreshing approximately every 30 seconds.

Get Started

How Vanna Works

Earn

Margin Account

Trade

Farm

Risk Management