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API3USD Perpetual Contract Specifications
API3USD Perpetual Contract Specifications

Perpetual Contract Product Specifications that apply to the specific API3USD Perpetual Contract

Ezra avatar
Written by Ezra
Updated over a week ago

This article sets out the Perpetual Contract Product Specifications that apply to the specific API3USD Perpetual Contract. You should read this in conjunction with these FAQs and the Addendum.

API3USD Perpetual Contract is settled in USD. Crypto.com may permit other stablecoin Virtual Assets to settle the API3USD Perpetual Contract in the future.

Symbol

API3USD-PERP

Contract Maturity

Not Applicable

Underlying

Crypto.com API3USD Index

Product Type

Futures

Contract Size

1 API3 (1 USD per index point)

Min Order Qty

1 API3

Max Order Qty

Subject to the exposure limit

Min Tick Size

0.0001 USD

Margin Policy

Smart Cross Margin

Trading Bandwidth

Aggressive bandwidth : +/-5% of MarkPrice

Passive bandwidth : +/-50% of MarkPrice

Exposure Limit Weight

5

Maximum Leverage

Refer to the Margin Rule page for the latest product leverage.

Fair Impact Size

500 API3

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