Instruments GuideFuturesTier 2JUP-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyJUPQuote CurrencyUSDPrice Tick Size0.0001 USDOrder Size Increment1 JUPMinimum Order Value50 USDMaximum Order Size500,000 JUPMaximum Number of Open Orders50Position Limit2,000,000 JUPPrice Band Factor5%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction