This article sets out the Perpetual Contract Product Specifications that apply to the specific HOODUSD Perpetual Contract. You should read this in conjunction with these FAQs and the Addendum.
HOODUSD 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 HOODUSD Perpetual Contract in the future.
Symbol | HOODUSD-PERP |
Underlying Company | Robinhood Markets, Inc. |
Asset Class | Equity |
Unit | 1 share |
Contract Maturity | Not Applicable |
Underlying | Crypto.com HOODUSD Index |
Product Type | Perpetual Swap |
Contract Size | 1 HOOD (1 USD per index point) |
Min Order Qty | 0.01 HOOD |
Min Tick Size | 0.01 USD |
Margin Policy | Retail : Isolated and Cross Margin Non-retail : Cross Margin 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 |