Market Parameters

Each Paragon market has specific parameters that govern trading mechanics.

Comparison

Parameter	TOTAL2-PERP	BTC.D-PERP	OTHERS-PERP
Max Leverage	20x	20x	20x
Tick Size	$1	0.01%	$1
Min Order Size	$10	$10	$10
Maintenance Margin	2.5%	2.5%	2.5%
Initial Margin (20x)	5%	5%	5%
Funding Interval	1 hour	1 hour	1 hour
Oracle Source	Paragon Oracle Network	Paragon Oracle Network	Paragon Oracle Network

TOTAL2-PERP

Parameter	Value
Max Leverage	20x
Tick Size	$1
Min Order Size	$10
Maintenance Margin	2.5%
Initial Margin (20x)	5%
Funding Interval	1 hour
Oracle Source	Paragon Oracle Network

BTC.D-PERP

Parameter	Value
Max Leverage	20x
Tick Size	0.01%
Min Order Size	$10
Maintenance Margin	2.5%
Initial Margin (20x)	5%
Funding Interval	1 hour
Oracle Source	Paragon Oracle Network

OTHERS-PERP

Parameter	Value
Max Leverage	20x
Tick Size	$1
Min Order Size	$10
Maintenance Margin	2.5%
Initial Margin (20x)	5%
Funding Interval	1 hour
Oracle Source	Paragon Oracle Network

Parameter Definitions

Parameter	Definition
Max Leverage	Maximum leverage available. Higher leverage requires less margin but increases liquidation risk.
Tick Size	Minimum price increment. Orders must be placed at multiples of the tick size.
Min Order Size	Smallest notional order value accepted by the system.
Maintenance Margin	Minimum margin ratio to keep a position open. Positions below this threshold are liquidated.
Initial Margin	Margin required to open a position at maximum leverage.
Funding Interval	Frequency at which funding payments are exchanged between long and short holders.
Oracle Source	Price feed used for mark price, funding calculations, and liquidations.

Parameter Updates

Market parameters may be adjusted based on market conditions, liquidity depth, and risk considerations. Changes are announced in advance through official channels.

For index calculation methodology, see Oracles.