MKR-USD-PERP

Contract Specifications

Features	Value
Product Type	Linear Perpetual Future
Settlement Currency	USDC
Base Currency	MKR
Quote Currency	USD
Funding Period	8 hours
Price Tick Size	0.1 USD
Order Size Increment	0.01 MKR
Minimum Order Value	50 USD
Maximum Order Size	650 MKR
Maximum Number of Open Orders	50
Position Limit	1900 MKR
Price Band Factor	10%
Funding Clamping Rate	5%

Mark Price Parameters

Parameter	Value
EWMA Factor	20%

Cross Margin Parameters

Parameter	Value
Base IMF	5%
MMF Factor	50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction