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 USDC. In addition, USDC can be used for deposits and withdrawals. Crypto.com may permit other stablecoin Virtual Assets to settle the MAGICUSD Perpetual Contract in the future.
Crypto.com MAGICUSD Index
1 MAGIC (1 USD per index point)
Min Order Qty
Max Order Qty
Subject to the exposure limit
Min Tick Size
Smart Cross Margin
Aggressive bandwidth : +/-5% of MarkPrice
Passive bandwidth : +/-50% of MarkPrice
Exposure Limit Weight
Fair Impact Size