TradingInstruments GuideFuturesTier 2

AAVE-USD-PERP

Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyAAVE
Quote CurrencyUSD
Funding Period8 hours
Price Tick Size0.01 USD
Order Size Increment0.01 AAVE
Minimum Order Value50 USD
Maximum Order Size6,000 AAVE
Maximum Number of Open Orders50
Position Limit18,000 AAVE
Price Band Factor10%
Funding Clamping Rate5%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF5%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction