Instruments GuideFuturesTier 2XLM-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyXLMQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.00001 USDOrder Size Increment1 XLMMinimum Order Value50 USDMaximum Order Size610,000 XLMMaximum Number of Open Orders50Position Limit2,000,000 XLMPrice Band Factor5%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin FractionBuilt with