No. CoinDCX helps you to maintain your Locked-in margin* balance. As soon as the losses exceed the locked-in balance, CoinDCX liquidates your positions to recover the losses you have suffered on the trades. This will help you to never lose more than what your locked-in account contains.
Locked Margin (L%): Locked Margin is the amount which you will lock in the exchange to open a leveraged position and keep trading position open. If the losses on your positions increase more than the Locked Margin, the exchange will liquidate your positions to recover the losses.
To learn about more such glossaries, click here.