Contract Specifications
What Are Perpetuals?
TxFlow perpetuals are derivative products with no expiration date. They maintain price convergence with the underlying spot asset through funding payments rather than settlement dates. For details on the funding mechanism, see Funding.
Contract Specifications
TxFlow maintains a streamlined specification model with minimal contract-specific restrictions and no address-level limitations.
Instrument Type
Linear perpetual
Contract Size
1 unit of underlying spot asset
Underlying Asset
TxFlow oracle index of spot asset
Initial Margin Fraction
1 / (user-selected leverage)
Maintenance Margin Fraction
50% of maximum initial margin fraction
Mark Price
Delivery / Expiration
N/A (hourly funding payments)
Account Type
Cross-margin or isolated margin (per wallet)
Position and Order Limit
Last updated