Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyXLM
Quote CurrencyUSD
Price Tick Size0.00001 USD
Order Size Increment1 XLM
Minimum Order Value50 USD
Maximum Order Size610,000 XLM
Maximum Number of Open Orders50
Position Limit2,000,000 XLM
Price Band Factor5%
Funding Clamping Rate5%

Mark Price Parameters

ParameterValue
EWMA Factor15%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction