Markets
NeutronX trades perpetual futures settled in USDC. Each market has its own set of parameters, set and changed by governance.
Markets
| Market | Leverage | MM | Min. size | Max. position |
|---|---|---|---|---|
| ADA/USDC | 10x | 1% | 1 ADA | 5M USDC |
| ARB/USDC | 10x | 1% | 10 ARB | 5M USDC |
| BNB/USDC | 10x | 1% | 0.001 BNB | 5M USDC |
| BTC/USDC | 10x | 0.5% | 0.0001 BTC | 10M USDC |
| DOGE/USDC | 10x | 1% | 10 DOGE | 5M USDC |
| ETH/USDC | 10x | 0.5% | 0.001 ETH | 10M USDC |
| GRAM/USDC | 10x | 1% | 1 GRAM | 5M USDC |
| HYPE/USDC | 10x | 1% | 0.01 HYPE | 5M USDC |
| LINK/USDC | 10x | 1% | 0.1 LINK | 5M USDC |
| LTC/USDC | 10x | 1% | 0.01 LTC | 5M USDC |
| PUMP/USDC | 10x | 1% | 100 PUMP | 5M USDC |
| SOL/USDC | 10x | 1% | 0.01 SOL | 5M USDC |
| SUI/USDC | 10x | 1% | 1 SUI | 5M USDC |
| XRP/USDC | 10x | 1% | 1 XRP | 5M USDC |
What the parameters mean
| Parameter | Meaning |
|---|---|
| Leverage | Maximum leverage of an opening order |
| MM | Maintenance margin: below it liquidation starts |
| Min. size | Smallest quantity in an opening order. A separate minimum of 10 USDC per order also applies |
| Max. position | Largest notional of one position |
| Price bands | How far from the oracle an order can be placed and a trade can execute. See On-chain matching. |
| Funding interval | How often funding is paid. See Funding. |
| Open-interest thresholds | Initial margin grows with large open interest. See Subaccounts & margin. |
| Wide-order threshold | An opening order more than 20% away from the oracle price is accepted only as post-only |
How a market is added
- Pair in the oracle. The pair is added to the oracle's list, and validators start publishing its price.
- Proposal. Governance adds the market with a
MsgAddMarketproposal carrying all parameters. - Activation block. A market can open from a set block. Before it only reduce-only orders are accepted.
Market statuses and delisting are described in Risk controls.