Instruments GuideFuturesTier 2DYDX-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyDYDXQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.00001 USDOrder Size Increment1 DYDXMinimum Order Value50 USDMaximum Order Size500,000 DYDXMaximum Number of Open Orders50Position Limit1,500,000 DYDXPrice Band Factor10%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF5%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin FractionBuilt with