HEMI-USD-PERP

Contract Specifications

Features	Value
Product Type	HEMI Perpetual Future
Settlement Currency	USDC
Base Currency	HEMI
Quote Currency	USD
Funding Period	4 hours
Price Tick Size	0.0000001 USD
Order Size Increment	1 HEMI
Minimum Order Value	50 USD
Maximum Order Size	3,000,000 HEMI
Maximum Number of Open Orders	75
Position Limit	9,900,000 HEMI
Price Band Factor	20%
Funding Clamping Rate	2.5%

Mark Price Parameters

Parameter	Value
EWMA Factor	15%

Cross Margin Parameters

Parameter	Value
Base IMF	20%
MMF Factor	50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction