TradingInstruments GuideFuturesTier 2PUMP-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyPUMPQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.000001 USDOrder Size Increment1 PUMPMinimum Order Value50 USDMaximum Order Size50,000,0000 PUMPMaximum Number of Open Orders50Position Limit322,000,000 PUMPPrice Band Factor20%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction