HYPE options configuration

The reference configuration for the HYPE Dated Options contract:

Parameter	Value
Product type	Dated European Option
Symbol format	HYPE-USD-{Expiry}-{Strike}-{Type}
Base currency	HYPE
Quote currency	USD
Settlement currency	USDC
Price tick size	0.001 USD
Order size increment	1 HYPE
Minimum order value	20 USD
Maximum order size	10,000 HYPE
Maximum open orders	150
Position limit	100,000 HYPE
Spot band factor	50%
IV band factor	50%

Margin Configuration

Cross Margin Requirements — cross-margin IMR/MMR parameters for trading options
Portfolio Margin — portfolio-level risk evaluation for reduced margin on hedged portfolios