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Cardano US Dollar Deca Perpetual Futures

TermValue
Product NameCardano US Dollar Deca Perpetual Futures
Product CodePADAUD
Reportable Contract Size100,000 ADA (Cardano)
Minimum Contract Size10 ADA (Cardano)
Price QuotationUS Dollars per ADA
Tick Size$0.00005 per ADA
Tick Value$5.00 per contract
Tick Value (Minimum Contract)$0.0005 per minimum contract
Price Band Variation5%
Price Limit50%
Position Limit5,750 contracts
Reportable Position Level25 contracts
Market HoursRule 501 - Market Hours - 24/7
Contract Listing & TerminationRule 502
Settlement MethodCash Settled - Rule 509 & Chapter 11
Settlement PriceRule 509.6.3 - Index Price is the CF Cardano Mid-Price Spot Rate - Settlement Procedures
Funding Rate MethodologyFunding Rate Methodology

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Leveraged spot, perpetuals, futures, options, and prediction markets, all on one CFTC-regulated exchange with crypto margin and settlement.