Instruments GuideFuturesTier 2ADA-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyADAQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.000001 USDOrder Size Increment1 ADAMinimum Order Value50 USDMaximum Order Size2,100,000 ADAMaximum Number of Open Orders50Position Limit6,500,000 ADAPrice Band Factor10%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF5%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin FractionBuilt with