> For the complete documentation index, see [llms.txt](https://docs.onmi.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.onmi.fun/guide/position-nft.md).

# Position NFT

The Position NFT allows the protocol to represent a margin position as a transferable on-chain asset.

The current owner of an active Position NFT can perform supported owner actions, including:

* Closing the position
* Adding collateral
* Transferring the position
* Listing the position on the marketplace

Live position information is read from the Position NFT and Margin Engine interfaces.

This may include:

* Position side
* Position status
* Pricing source
* Collateral
* Debt
* Token amount
* Position value
* Equity
* Health factor
* Liquidation status

The NFT should not be described as permanently storing every live metric. Market-sensitive values are calculated or retrieved from the protocol.

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