PROVE-USD-PERP

Contract Specifications

Features	Value
Product Type	Linear Perpetual Future
Settlement Currency	USDC
Base Currency	PROVE
Quote Currency	USD
Funding Period	4 hours
Price Tick Size	0.0001 USD
Order Size Increment	0.1 PROVE
Minimum Order Value	50 USD
Maximum Order Size	300,000 PROVE
Maximum Number of Open Orders	75
Position Limit	970,000 PROVE
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