ZK-USD-PERP

Contract Specifications

Features	Value
Product Type	ZK Perpetual Future
Settlement Currency	USDC
Base Currency	ZK
Quote Currency	USD
Funding Period	4.0 hours
Price Tick Size	0.000001 USD
Order Size Increment	1 ZK
Minimum Order Value	10 USD
Maximum Order Size	4,000,000 ZK
Maximum Number of Open Orders	75
Position Limit	14,000,000 ZK
Price Band Factor	20.0%
Funding Clamping Rate	2.5%

Mark Price Parameters

Parameter	Value
EWMA Factor	20%

Cross Margin Parameters

Parameter	Value
Base IMF	20%
MMF Factor	50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction