FOGO-USD-PERP

Contract Specifications

FeaturesValue
Product TypeFOGO Perpetual Future
Settlement CurrencyUSDC
Base CurrencyFOGO
Quote CurrencyUSD
Funding Period8 hours
Price Tick Size0.000001 USD
Order Size Increment1 FOGO
Minimum Order Value10 USD
Maximum Order Size6,000,000 FOGO
Maximum Number of Open Orders75
Position Limit21,000,000 FOGO
Price Band Factor20.0%
Max Funding Rate10%
Funding Period8 hours

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction