Instruments GuideFuturesTier 2MEW-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyMEWQuote CurrencyUSDPrice Tick Size0.000001 USDOrder Size Increment1 MEWMinimum Order Value50 USDMaximum Order Size29,000,000 MEWMaximum Number of Open Orders50Position Limit97,000,000 MEWPrice Band Factor5%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction