Instruments GuideFuturesTier 1BTC-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyBTCQuote CurrencyUSDPrice Tick Size0.1 USDOrder Size Increment0.001 BTCMinimum Order Value100 USDMaximum Order Size100 BTCMaximum Number of Open Orders100Position Limit100 BTCPrice Band Factor2%Funding Clamping Rate2% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF2%IMF Factor0.000034IMF Shift44,000MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction