Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyJTO
Quote CurrencyUSD
Funding Period8 hours
Price Tick Size0.0001 USD
Order Size Increment1 JTO
Minimum Order Value50 USD
Maximum Order Size125,000 JTO
Maximum Number of Open Orders50
Position Limit500,000 JTO
Price Band Factor15%
Funding Clamping Rate5%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF10%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction

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