Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyPYTH
Quote CurrencyUSD
Price Tick Size0.00001 USD
Order Size Increment1 PYTH
Minimum Order Value50 USD
Maximum Order Size800,000 PYTH
Maximum Number of Open Orders50
Position Limit3,000,000 PYTH
Price Band Factor5%
Funding Clamping Rate5%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF10%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction