TradingInstruments GuideFuturesTier 2HYPE-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyHYPEQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment0.01 HYPEMinimum Order Value50 USDMaximum Order Size4,000 HYPEMaximum Number of Open Orders75Position Limit20,000 HYPEPrice Band Factor20%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF5%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction