Instruments GuideFuturesTier 2AVAX-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyAVAXQuote CurrencyUSDPrice Tick Size0.001 USDOrder Size Increment0.1 AVAXMinimum Order Value50 USDMaximum Order Size10,000 AVAXMaximum Number of Open Orders50Position Limit20,000 AVAXPrice Band Factor5%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction