Instruments GuideFuturesTier 2kBONK-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencykBONKQuote CurrencyUSDPrice Tick Size0.000001 USDOrder Size Increment1 kBONKMinimum Order Value50 USDMaximum Order Size17,000,000 kBONKMaximum Number of Open Orders50Position Limit70,000,000 kBONKPrice 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