Instruments GuideFuturesTier 2PYTH-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyPYTHQuote CurrencyUSDPrice Tick Size0.00001 USDOrder Size Increment1 PYTHMinimum Order Value50 USDMaximum Order Size800,000 PYTHMaximum Number of Open Orders50Position Limit3,000,000 PYTHPrice 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