Instruments GuideFuturesTier 2TAO-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyTAOQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.01 USDOrder Size Increment0.01 TAOMinimum Order Value50 USDMaximum Order Size500 TAOMaximum Number of Open Orders50Position Limit1,700 TAOPrice Band Factor20%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin FractionBuilt with