MovePosition Review: Should You Close Your Position?

MovePosition is a decentralized lending and borrowing protocol on Movement. Its app has Markets, Portfolio and Stats areas, and its description says lending and borrowing use Concordia’s adaptive risk model. In practical terms, the service is meant to let you deposit supported assets and borrow against protocol positions. The available details do not identify which assets or markets are supported, so check your own portfolio rather than assuming a particular token can be deposited or withdrawn.

The main decision now is not whether to open a new position: MovePosition's wind-down notice says new deposits and borrows are to close on October 19, 2026. The app is scheduled to go offline on December 22, 2026. Existing users should treat the remaining period as a close-out window, not as an invitation to start a fresh lending strategy. No token is listed.

MovePosition does not publish lending rates, borrowing rates, transaction fees or withdrawal charges in the details available for this review. Borrowers should account for interest: the wind-down notice specifically warns that an open borrow continues accruing interest after the app goes offline. That can increase the amount you owe while leaving the position exposed to liquidation under protocol rules.

Onchain actions may also require network transaction fees, but MovePosition does not publish their amount. Check the transaction details in your wallet before approving a repayment or withdrawal, and make sure you have enough of the required network asset to pay transaction costs. Do not rely on a headline yield or a past rate to estimate what you will receive; confirm the current amounts shown for your own positions before you close them.

MovePosition says it is non-custodial: funds are held in onchain smart contracts, not by a person or company. That means the company does not hold your assets in a conventional account, but it does not eliminate smart-contract risk. Borrowers also face liquidation risk, and the project warns that this remains relevant after the app is taken offline.

Two audits are listed for the protocol, but their names, dates, scope and findings are not specified here. MovePosition does not publish enough detail to assess how thoroughly the contracts were reviewed. No licence information or incident history is stated. Treat the wind-down itself as an operational risk: the project says active support will stop when the app goes offline, while onchain positions can persist. Make sure you understand how to manage any remaining position without depending on the interface or support team.

MovePosition's notice says you can repay and withdraw in the app until December 22, 2026. It instructs borrowers to select Repay and then MAX for each borrowed asset, and depositors to select Withdraw and then MAX for each deposited asset. Confirm each transaction in your wallet and check that your positions have actually closed; a submitted transaction is not the same as a completed one.

If you still have a borrow when the app goes offline, the position remains live onchain, keeps accruing interest and can be liquidated under protocol rules. The notice says this happens whether or not the app is available. It is therefore safer to leave time before the deadline to resolve failed transactions or questions with support. The notice gives a support email, but does not promise support after the shutdown date.

MovePosition may suit existing users who need to close a deposit or repay a loan during the wind-down period. It is not a suitable pick for someone seeking a new lending market: new deposits and borrows are scheduled to stop, and the app is due to be retired on December 22, 2026. The loss of the app and active support also makes it a poor fit for users who want ongoing access to a familiar interface.

Look elsewhere if you need fully documented rates, fees, supported assets and audit reports before deciding where to place funds. Anyone with an open loan should act before the stated deadline rather than assume it can be safely left behind. If you are unsure how to handle an onchain position after the app closes, get qualified help before making a transaction; do not treat this review as financial or legal advice.