Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyTAO
Quote CurrencyUSD
Price Tick Size0.01 USD
Order Size Increment0.01 TAO
Minimum Order Value50 USD
Maximum Order Size500 TAO
Maximum Number of Open Orders50
Position Limit1,700 TAO
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