TradingInstruments GuideFuturesTier 2TAO-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyTAOQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.001 USDOrder Size Increment0.001 TAOMinimum Order Value50 USDMaximum Order Size500 TAOMaximum Number of Open Orders75Position Limit4,730 TAOPrice 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