Instruments GuideFuturesTier 2TAO-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyTAOQuote CurrencyUSDPrice Tick Size0.01 USDOrder Size Increment0.01 TAOMinimum Order Value50 USDMaximum Order Size500 TAOMaximum Number of Open Orders50Position Limit1,700 TAOPrice Band Factor5%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction