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Stellar Lumens US Dollar Deca Perpetual Futures

TermValue
Product NameStellar Lumens US Dollar Deca Perpetual Futures
Product CodePXLMUD
Reportable Contract Size100,000 XLM (Stellar Lumens)
Minimum Contract Size10 XLM (Stellar Lumens)
Price QuotationUS Dollars per XLM
Tick Size$0.00002 per XLM
Tick Value$2.00 per contract
Tick Value (Minimum Contract)$0.0002 per minimum contract
Price Band Variation5%
Price Limit50%
Position Limit1,000 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 Stellar Lumens 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.