TradingInstruments GuideFuturesTier 2

WOO-USD-PERP

Contract Specifications

FeaturesValue
Product TypeWOO Perpetual Future
Settlement CurrencyUSDC
Base CurrencyWOO
Quote CurrencyUSD
Funding Period8.0 hours
Price Tick Size0.000001 USD
Order Size Increment1 WOO
Minimum Order Value50 USD
Maximum Order Size4,000,000 WOO
Maximum Number of Open Orders75
Position Limit14,000,000 WOO
Price Band Factor20.0%
Funding Clamping Rate5%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction