Instruments GuideFuturesTier 2DRIFT-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyDRIFTQuote CurrencyUSDPrice Tick Size0.00001 USDOrder Size Increment1 DRIFTMinimum Order Value50 USDMaximum Order Size310,000 DRIFTMaximum Number of Open Orders50Position Limit1,000,000 DRIFTPrice Band Factor5%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction