Instruments GuideFuturesTier 2LDO-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyLDOQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.00001 USDOrder Size Increment1 LDOMinimum Order Value50 USDMaximum Order Size380,000 LDOMaximum Number of Open Orders50Position Limit1,150,000 LDOPrice 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