Lighter Docs
  • About Lighter
    • Introduction
    • API Docs (Coming Soon)
    • Whitepaper
    • Technical Architecture (Coming Soon)
  • Perpetual Futures
    • Contract Specifications
    • Order Types and Matching
    • Fair Price Marking
    • PnL And Total Account Value
    • Liquidations & Insurance Fund
    • Funding
    • Fees
    • Self-Trade Prevention
    • Sub-Accounts and API Keys
    • Public Pools
  • Points Program
  • security
    • Security Audits
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  1. Perpetual Futures

Contract Specifications

PreviousTechnical Architecture (Coming Soon)NextOrder Types and Matching

Last updated 4 months ago

Lighter Test Network currently supports perpetual futures markets for the following markets. Lighter Governance will continuously add new markets as the test network grows.

IMR, MMR, and CMR represent the Initial, Maintenance, and Close-Out Margin Requirements, respectively. For more information about the meaning of these fractions, refer to the page.

Currently each deployed market has a funding period of 1 hour. Funding period is a configuration of each market, thus it might be different for some of the new market deployments.

Symbol
Price Step
Amount Step
Leverage
IMR Fraction
MMR Fraction
CMR Fraction

ETH

0.01

0.0001

50x

2%

1.2%

0.8%

BTC

0.1

0.00001

50x

2%

1.2%

0.8%

SOL

0.001

0.001

15x

6.66%

3.99%

2.66%

1000

DOGE

0.0001

0.01

8x

12.5%

7.5%

5%

1000000 PEPE

0.00001

0.1

8x

12.5%

7.5%

5%

WIF

0.00001

0.1

8x

12.5%

7.5%

5%

WLD

0.00001

0.1

8x

12.5%

7.5%

5%

XRP

0.000001

1

8x

12.5%

7.5%

5%

LINK

0.00001

0.1

8x

12.5%

7.5%

5%

AVAX

0.0001

0.01

8x

12.5%

7.5%

5%

NEAR

0.00001

0.1

8x

12.5%

7.5%

5%

DOT

0.00001

0.1

8x

12.5%

7.5%

5%

TON

0.00001

0.1

5x

20%

12%

8%

TAO

0.01

0.001

3x

33.33%

20%

13.33%

POL

0.000001

1

8x

12.5

7.5%

5%

Liquidation & Insurance Fund