We have calculated these numbers and can tell you! Say you open a TOKEN1-TOKEN2 position and borrow TOKEN2 at 2x, 2.5x, or 3x leverage. Your initial Debt Ratio will be 50%, 60%, and 66.7%, respectively. For liquidation to occur, the price of TOKEN1 against TOKEN2 (TOKEN1/TOKEN2) will have to drop by 61%, 44%, and 31%, respectively, assuming a Liquidation Threshold of 80% (Table 1).