> For the complete documentation index, see [llms.txt](https://docs.aftermath.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.aftermath.finance/perpetuals/architecture/market-specifications.md). # Market Specifications Instrument specifications, trading hours, oracle details, and risk parameters for all Aftermath perpetual markets. Markets are grouped by asset type and by when their oracle prices update. ### Currently Live | Market | Ticker | Max Leverage | IMR | MMR | Contract Size | Settlement | Oracle | | ----------------------- | ---------------- | ------------ | ------ | ------ | ------------- | ---------- | ------------------------------------------------------------------------------------------------------------------------------------------------- | | Bitcoin | BTC/USD:USDC | 20× | 5% | 2.5% | 0.000000001 | USDC | [Pyth (BTC)](https://app.pyth.com/explore/Crypto.BTC%2FUSD) | | Ethereum | ETH/USD:USDC | 20× | 5% | 2.5% | 0.0000001 | USDC | [Pyth (ETH)](https://app.pyth.com/explore/Crypto.ETH%2FUSD) | | Sui | SUI/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (SUI)](https://app.pyth.com/explore/Crypto.SUI%2FUSD) | | Tether Gold | XAUT/USD:USDC | 20× | 5% | 2.5% | 0.0000001 | USDC | [Pyth (XAUT)](https://app.pyth.com/explore/Crypto.XAUT%2FUSD) | | Silver | XAG/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (XAG)](https://app.pyth.com/explore/Metal.XAG%2FUSD) | | WTI | WTI/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | [Pyth CLLX6 (front)](https://app.pyth.com/explore/Commodities.CLLX6%2FUSD) / [CLLZ6 (next)](https://app.pyth.com/explore/Commodities.CLLZ6%2FUSD) | | DRAM | DRAM/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | [Pyth (DRAM)](https://app.pyth.com/explore/Equity.US.DRAM%2FUSD) | | Alphabet | GOOGL/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (GOOGL)](https://app.pyth.com/explore/Equity.US.GOOGL%2FUSD) | | SpaceX | SPCX/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (SPCX)](https://app.pyth.com/explore/Equity.US.SPCX%2FUSD) | | Eli Lilly | LLY/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | [Pyth (LLY)](https://app.pyth.com/explore/Equity.US.LLY%2FUSD) | | US500 | US500/USD:USDC | 10× | 10% | 5% | 0.0000001 | USDC | [Pyth (US500)](https://app.pyth.com/explore/Equity.Index.US500%2FUSD) | | NVIDIA | NVDA/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (NVDA)](https://app.pyth.com/explore/Equity.US.NVDA%2FUSD) | | Tesla | TSLA/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (TSLA)](https://app.pyth.com/explore/Equity.US.TSLA%2FUSD) | | Micron | MU/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (MU)](https://app.pyth.com/explore/Equity.US.MU%2FUSD) | | Intel | INTC/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (INTC)](https://app.pyth.com/explore/Equity.US.INTC%2FUSD) | | Hyperliquid | HYPE/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (HYPE)](https://app.pyth.com/explore/Crypto.HYPE%2FUSD) | | Solana | SOL/USD:USDC | 20× | 5% | 2.5% | 0.00001 | USDC | [Pyth (SOL)](https://app.pyth.com/explore/Crypto.SOL%2FUSD) | | Zcash | ZEC/USD:USDC | 10× | 10% | 5% | 0.000001 | USDC | [Pyth (ZEC)](https://app.pyth.com/explore/Crypto.ZEC%2FUSD) | | pump.fun | PUMP/USD:USDC | 10× | 10% | 5% | 0.01 | USDC | [Pyth (PUMP)](https://app.pyth.com/explore/Crypto.PUMP%2FUSD) | | Monad | MON/USD:USDC | 10× | 10% | 5% | 0.1 | USDC | [Pyth (MON)](https://app.pyth.com/explore/Crypto.MON%2FUSD) | | Iovance Biotherapeutics | IOVA/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | [Pyth (IOVA)](https://app.pyth.com/explore/Equity.US.IOVA%2FUSD) | | XRP | XRP/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (XRP)](https://app.pyth.com/explore/Crypto.XRP%2FUSD) | | Lighter | LIT/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (LIT)](https://app.pyth.com/explore/Crypto.LIT%2FUSD) | | Uniswap | UNI/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (UNI)](https://app.pyth.com/explore/Crypto.UNI%2FUSD) | | Monero | XMR/USD:USDC | 10× | 10% | 5% | 0.000001 | USDC | [Pyth (XMR)](https://app.pyth.com/explore/Crypto.XMR%2FUSD) | | Sandisk | SNDK/USD:USDC | 5× | 20% | 10% | 0.000001 | USDC | [Pyth (SNDK)](https://app.pyth.com/explore/Equity.US.SNDK%2FUSD) | | USD.AI | CHIP/USD:USDC | 5× | 20% | 10% | 0.1 | USDC | [Pyth (CHIP)](https://app.pyth.com/explore/Crypto.CHIP%2FUSD) | | Marvell | MRVL/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (MRVL)](https://app.pyth.com/explore/Equity.US.MRVL%2FUSD) | | AMC Entertainment | AMC/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | [Pyth (AMC)](https://app.pyth.com/explore/Equity.US.AMC%2FUSD) | | Collector Crypto | CARDS/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | [Pyth (CARDS)](https://app.pyth.com/explore/Crypto.CARDS%2FUSD) | | SK hynix | SKHYNIX/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | Pyth: [000660/KRW](https://app.pyth.com/explore/Equity.KR.000660%2FKRW) ÷ [USD/KRW](https://app.pyth.com/explore/FX.USD%2FKRW) | | Circle | CRCL/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | [Pyth (CRCL)](https://app.pyth.com/explore/Equity.US.CRCL%2FUSD) | | Meta | META/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (META)](https://app.pyth.com/explore/Equity.US.META%2FUSD) | | Cypherpunk Technologies | CYPH/USD:USDC | 3× | 33.33% | 16.67% | 0.00001 | USDC | [Pyth (CYPH)](https://app.pyth.com/explore/Equity.US.CYPH%2FUSD) | | Samsung Electronics | SAMSUNG/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | Pyth: [005930/KRW](https://app.pyth.com/explore/Equity.KR.005930%2FKRW) ÷ [USD/KRW](https://app.pyth.com/explore/FX.USD%2FKRW) | | Brent | BRENT/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | [Pyth (front)](https://app.pyth.com/explore/Commodities.BRENTZ6%2FUSD) / [next](https://app.pyth.com/explore/Commodities.BRENTF7%2FUSD) | | NEAR Protocol | NEAR/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (NEAR)](https://app.pyth.com/explore/Crypto.NEAR%2FUSD) | | US100 | US100/USD:USDC | 10× | 10% | 5% | 0.0000001 | USDC | [Pyth (US100)](https://app.pyth.com/explore/Equity.Index.US100%2FUSD) | | BYD | BYD/USD:USDC | 3× | 33.33% | 16.67% | 0.00001 | USDC | Pyth: [1211/HKD](https://app.pyth.com/explore/Equity.HK.1211%2FHKD) ÷ [USD/HKD](https://app.pyth.com/explore/FX.USD%2FHKD) | | Quant | QNT/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | [Pyth (QNT)](https://app.pyth.com/explore/Crypto.QNT%2FUSD) | | Apple | AAPL/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (AAPL)](https://app.pyth.com/explore/Equity.US.AAPL%2FUSD) | | Curve DAO | CRV/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (CRV)](https://app.pyth.com/explore/Crypto.CRV%2FUSD) | | Bank of China | BOC/USD:USDC | 5× | 20% | 10% | 0.00001 | USDC | Pyth: [3988/HKD](https://app.pyth.com/explore/Equity.HK.3988%2FHKD) ÷ [USD/HKD](https://app.pyth.com/explore/FX.USD%2FHKD) | | USD/BRL | USDBRL/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | [Pyth (USD/BRL)](https://app.pyth.com/explore/FX.USD%2FBRL) | | USD/KRW | USDKRW/USD:USDC | 10× | 10% | 5% | 0.0001 | USDC | [Pyth (USD/KRW)](https://app.pyth.com/explore/FX.USD%2FKRW) | | Fluid | FLUID/USD:USDC | 3× | 33.33% | 16.67% | 0.00001 | USDC | [Pyth (FLUID)](https://app.pyth.com/explore/Crypto.FLUID%2FUSD) | | Xiaomi | XIAOMI/USD:USDC | 3× | 33.33% | 16.67% | 0.00001 | USDC | Pyth: [1810/HKD](https://app.pyth.com/explore/Equity.HK.1810%2FHKD) ÷ [USD/HKD](https://app.pyth.com/explore/FX.USD%2FHKD) | | India 50 | INDIA50/USD:USDC | 10× | 10% | 5% | 0.00001 | USDC | Pyth: [NIFTYBEES/INR](https://app.pyth.com/explore/Equity.IN.NIFTYBEES%2FINR) ÷ [USD/INR](https://app.pyth.com/explore/FX.USD%2FINR) | Details by group: [24/7 Tokenized & Crypto](/perpetuals/architecture/market-specifications/24-7-tokenized-and-crypto-markets.md), [24/5 Commodities](/perpetuals/architecture/market-specifications/24-5-commodity-markets.md), [24/5 Equities](/perpetuals/architecture/market-specifications/24-5-equity-markets.md), and [FX](/perpetuals/architecture/market-specifications/24-5-equity-markets.md#fx-markets). `Contract Size` is the CCXT `contractSize`, not the minimum order increment. See Market Details for the lot size. ### Mark Price & Liquidation Bound The mark price used for liquidations is the median of the book price, the funding price, and the TWAP price. For funding, the book-to-index difference is clipped to 5% of the index price by default. This is a per-market funding setting, not a limit on mark price or liquidations. See [Funding](/perpetuals/architecture/funding.md) and [Liquidations](/perpetuals/architecture/liquidations.md). ### Notes * Open interest caps may apply per market. * Leverage limits can change with liquidity; the trading interface shows the current maximum. * Fees are on the [Fees](/perpetuals/architecture/fees.md) page. All parameters are subject to governance updates.