diff --git a/examples/chain_client/10_SearchLiquidablePositions.py b/examples/chain_client/10_SearchLiquidablePositions.py
new file mode 100644
index 00000000..899ccc46
--- /dev/null
+++ b/examples/chain_client/10_SearchLiquidablePositions.py
@@ -0,0 +1,76 @@
+import asyncio
+from decimal import Decimal
+
+from pyinjective.async_client_v2 import AsyncClient
+from pyinjective.core.network import Network
+
+
+def adjusted_margin(
+    quantity: Decimal, margin: Decimal, is_long: bool, cumulative_funding_entry: Decimal, cumulative_funding: Decimal
+) -> Decimal:
+    unrealized_funding_payment = (cumulative_funding - cumulative_funding_entry) * quantity * (-1 if is_long else 1)
+    return margin + unrealized_funding_payment
+
+
+async def main() -> None:
+    # select network: local, testnet, mainnet
+    network = Network.mainnet()
+
+    # initialize grpc client
+    client = AsyncClient(network)
+
+    positions_per_market = dict()
+
+    positions_dict = await client.fetch_chain_positions()
+    liquidable_positions = []
+
+    for position in positions_dict["state"]:
+        if position["marketId"] not in positions_per_market:
+            positions_per_market[position["marketId"]] = []
+        positions_per_market[position["marketId"]].append(position)
+
+    derivative_markets = await client.fetch_chain_derivative_markets(
+        status="Active",
+        market_ids=list(positions_per_market.keys()),
+    )
+
+    for market in derivative_markets["markets"]:
+        client_market = (await client.all_derivative_markets())[market["market"]["marketId"]]
+        market_mark_price = client_market._from_extended_chain_format(Decimal(market["markPrice"]))
+        for position in positions_per_market[client_market.id]:
+            is_long = position["position"]["isLong"]
+            quantity = client_market._from_extended_chain_format(Decimal(position["position"]["quantity"]))
+            entry_price = client_market._from_extended_chain_format(Decimal(position["position"]["entryPrice"]))
+            margin = client_market._from_extended_chain_format(Decimal(position["position"]["margin"]))
+            cumulative_funding_entry = client_market._from_extended_chain_format(
+                Decimal(position["position"]["cumulativeFundingEntry"])
+            )
+            market_cumulative_funding = client_market._from_extended_chain_format(
+                Decimal(market["perpetualInfo"]["fundingInfo"]["cumulativeFunding"])
+            )
+
+            adj_margin = adjusted_margin(quantity, margin, is_long, cumulative_funding_entry, market_cumulative_funding)
+            adjusted_unit_margin = (adj_margin / quantity) * (-1 if is_long else 1)
+            maintenance_margin_ratio = client_market.maintenance_margin_ratio * (-1 if is_long else 1)
+
+            liquidation_price = (entry_price + adjusted_unit_margin) / (Decimal(1) + maintenance_margin_ratio)
+
+            should_be_liquidated = (is_long and market_mark_price <= liquidation_price) or (
+                not is_long and market_mark_price >= liquidation_price
+            )
+
+            if should_be_liquidated:
+                position_side = "Long" if is_long else "Short"
+                print(
+                    f"{position_side} position for market {client_market.id} and subaccount "
+                    f"{position['subaccountId']} should be liquidated (liquidation price: "
+                    f"{liquidation_price.normalize()} / mark price: {market_mark_price.normalize()})"
+                )
+                liquidable_positions.append(position)
+
+    # print(f"\n\n\n")
+    # print(json.dumps(liquidable_positions, indent=4))
+
+
+if __name__ == "__main__":
+    asyncio.get_event_loop().run_until_complete(main())