This article sets out the Perpetual Contract Product Specifications that apply to the specific OPENAIIPOUSD Perpetual Contract. You should read this in conjunction with these FAQs and the Addendum.
OPENAIIPOUSD 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 OPENAIIPOUSD Perpetual Contract in the future.
Symbol | OPENAIIPOUSD-PERP |
Underlying Asset | OpenAI Pre IPO PERP |
Asset Class | Pre-IPO |
Unit | MCap / 1bn |
Contract Maturity | Not Applicable |
Underlying | Crypto.com OPENAIIPOUSD Index |
Product Type | Perpetual Swap |
Contract Size | 1 OPENAIIPO (1 USD per index point) |
Min Order Qty | 0.001 OPENAIIPO |
Min Tick Size | 0.1 USD |
Margin Policy | Retail : Isolated Margin
Non-retail : Cross Margin,
Must use a segregated sub-account for PreIPO perps only |
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 |