This article sets out the Perpetual Contract Product Specifications that apply to the specific USELESSUSD Perpetual Contract. You should read this in conjunction with these FAQs and the Addendum.
USELESSUSD Perpetual Contract is settled in USD. In addition, USD can be used for deposits and withdrawals. Crypto.com may permit other stablecoin Virtual Assets to settle the USELESSUSD Perpetual Contract in the future.
Symbol | USELESSUSD-PERP |
Contract Maturity | Not Applicable |
Underlying | Crypto.com USELESSUSD Index |
Product Type | Perpetual Swap |
Contract Size | 1 USELESS (1 USD per index point) |
Min Order Qty | 10 USELESS |
Min Tick Size | 0.000001 USD |
Margin Policy | Smart Cross Margin |
Trading Bandwidth | Aggressive bandwidth : +/-5% of MarkPrice
Passive bandwidth : +/-50% of MarkPrice |
Maximum Leverage | Refer to the Margin Rule page for the latest product leverage. |
Fair Impact Size ($) Notional | 2000 |