Instruments GuideFuturesTier 2DYDX-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyDYDXQuote CurrencyUSDPrice Tick Size0.00001 USDOrder Size Increment1 DYDXMinimum Order Value50 USDMaximum Order Size500,000 DYDXMaximum Number of Open Orders50Position Limit1,500,000 DYDXPrice Band Factor5%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF5%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction