HYPE-USD-PERP

Contract Specifications

Features	Value
Product Type	Linear Perpetual Future
Settlement Currency	USDC
Base Currency	HYPE
Quote Currency	USD
Funding Period	8 hours
Price Tick Size	0.0001 USD
Order Size Increment	0.01 HYPE
Minimum Order Value	50 USD
Maximum Order Size	4,000 HYPE
Maximum Number of Open Orders	75
Position Limit	20,000 HYPE
Price Band Factor	20%
Funding Clamping Rate	5%

Mark Price Parameters

Parameter	Value
EWMA Factor	15%

Cross Margin Parameters

Parameter	Value
Base IMF	5%
MMF Factor	50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction