Contract Specifications

VDEX perpetual contracts can be opened with fractional margin, supporting leveraged trading. Perps mirror spot asset prices and denomination—the perp contract and the spot asset have similar values. Convergence is tethered through peer-to-peer hourly funding.

Perps are quoted against USDT. The margin required to open a contract is determined by the leverage factor. The collateral required to maintain the position is half of the initial margin fraction at maximum leverage.

Symbol
Tick Size
Leverage
Initial Margin Fraction (IMF)
Maintenance Margin Fraction

BTC

0.1

50x

2%

1%

XAU

0.1

50x

2%

1%

ETH

0.1

40x

2.5%

1.25%

SOL

0.01

40x

2.5%

1.25%

XRP

0.0001

40x

2.5%

1.25%

MSTR

0.1

40x

2.5%

1.25%

AVAX

0.001

20x

5%

2.5%

TRY

0.00001

20x

5%

2.5%

LINK

0.01

20x

5%

2.5%

BNB

0.1

20x

5%

2.5%

HYPE

0.001

20x

5%

2.5%

SUI

0.0001

10x

10%

5%

CRO

0.00001

10x

10%

5%

PENGU

0.000001

10x

10%

5%

DOGE

0.00001

10x

10%

5%

1000PEPE

0.000001

10x

10%

5%

ZEC

0.01

10x

10%

5%

Last updated