> ## Documentation Index
> Fetch the complete documentation index at: https://docs.kamino.com/llms.txt
> Use this file to discover all available pages before exploring further.

# How to Open a Multiply Position

> Choose an asset, set your leverage, and open a leveraged position in one transaction.

Multiply opens a leveraged position for you in a single transaction. You choose an asset and target leverage, and Kamino handles the borrowing, swapping, and looping behind the scenes.

<video aria-label="Kamino Multiply app" poster="/images/learn/multiply/multiply-learn-intro-light-poster.jpg" autoPlay loop muted playsInline>
  <source src="https://mintcdn.com/kamino-3d73a151/haghBe_kakXD8Wdp/videos/learn/multiply/multiply-learn-intro-light.mp4?fit=max&auto=format&n=haghBe_kakXD8Wdp&q=85&s=4ddcb21b6ebf21e85d936e0ea7c2be2a" type="video/mp4" />

  ![Kamino Multiply app](https://mintcdn.com/kamino-3d73a151/MXDfwKWrBd8H1KRf/images/learn/multiply/multiply-learn-intro-light-poster.jpg?fit=max\&auto=format\&n=MXDfwKWrBd8H1KRf\&q=85\&s=9199a285e3de4695e7321383c4bf5104)
</video>

## Before you start

* Opening a position uses a **flash loan** to build the full leveraged position in one transaction. If any step fails, the whole transaction reverts.
* **Leverage amplifies losses as well as gains**, and every position carries variable-rate debt, so rising borrow costs can eat into or reverse your returns.
* Some correlated pairs use **eMode** for higher leverage, which also narrows the buffer to your liquidation threshold.

## Open step by step

**1. Connect your wallet**

Connect your wallet to Kamino.

**2. Choose a Multiply strategy**

Browse the available Multiply strategies and choose the one that matches the asset and leverage you want.

![Choose a Multiply strategy](https://mintcdn.com/kamino-3d73a151/PLATQ08CVUwkaQvR/images/learn/multiply/select-vault.webp?fit=max\&auto=format\&n=PLATQ08CVUwkaQvR\&q=85\&s=f27b3ba0ec2f3f82840f49c5eeedcd90)

**3. Review the details**

Review the key details such as the asset pair, available leverage range, current APY, and strategy type.

![Review the strategy details](https://mintcdn.com/kamino-3d73a151/PLATQ08CVUwkaQvR/images/learn/multiply/review-vault.webp?fit=max\&auto=format\&n=PLATQ08CVUwkaQvR\&q=85\&s=0509ddeccb81ae70197485424023036d)

**4. Deposit and set leverage**

Enter your deposit amount, select your target leverage multiplier, review the swap pricing and slippage, then click **Deposit** and confirm the transaction in your wallet.

Once confirmed, your leveraged position is active.

> [card] [How to Manage a Multiply Position](https://docs.kamino.com/learn/multiply/managing-a-position.md)
>
> Monitor performance and adjust leverage, collateral, or debt.

> [card] [Tips for Avoiding Liquidation](https://docs.kamino.com/learn/multiply/risks-and-liquidations.md)
>
> Understand liquidation risk and how to stay clear of it.


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