On Levana's platform, 'Collateral' refers to the current position value, indicating how much you will receive if you close the position. This differs from some other platforms that may use 'Collateral' to refer to the initial amount you opened the position with. Additionally, 'Leverage' on Levana's platform pertains to the leverage of your position size in relation to the collateral (current position value), not the deposited collateral, as seen on some other platforms.