This article sets out the Perpetual Contract Product Specifications that apply to the specific MAGICUSD Perpetual Contract. You should read this in conjunction with these FAQs and the Addendum.
MAGICUSD Perpetual Contract is settled in USD. Crypto.com may permit other stablecoin Virtual Assets to settle the MAGICUSD Perpetual Contract in the future.
Symbol | MAGICUSD-PERP |
Contract Maturity | Not Applicable |
Underlying | Crypto.com MAGICUSD Index |
Product Type | Perpetual Swap |
Contract Size | 1 MAGIC (1 USD per index point) |
Min Order Qty | 1 MAGIC |
Min Tick Size | 0.00001 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 | 1000 |