Trading Specifications

  • Collateral & Settlement: All contracts are quoted and settled in USDC.

  • Supported Collateral: Multi-collateral support (USDT and BUSD in progress).

  • Margin Mode: Cross-margin (one shared collateral pool).

  • Leverage: Up to 20×.

  • Funding Rate: Dynamic, adjusted every 8 hours to anchor Perp prices to spot.

  • Position Mode: One-sided, traders can hold either long or short per contract.

  • Liquidation Engine: Progressive partial liquidation to minimize unnecessary losses.

  • Insurance Fund: Protocol-backed reserve to absorb extreme volatility shocks.

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