Contract Specifications

Technical specifications for Stratium perpetual futures contracts.

Common Parameters

Parameter	Value
Contract Type	Perpetual futures (no expiry)
Quote Currency	USDC
Settlement	Cash-settled
Position Unit	USDC notional value
PnL Formula	(Exit Price - Entry Price) x Position Size
Funding	Per Hyperliquid standard (hourly)
Margin Modes	Cross, Isolated

Per-Market Specifications

Detailed specifications for each market (leverage limits, tick size, minimum order size, price source, rebalancing frequency) will be published here as markets launch.

Each market's parameters are configured based on the underlying's volatility profile, update frequency, and liquidity characteristics. Structured product underlyings have different risk parameters than standard token perps.

Fee Schedule

HIP-3 fees follow the same schedule as base Hyperliquid perpetuals. Fee rates are not configurable by deployers.

Tier	14-Day Volume	Taker	Maker
0	--	0.090%	0.030%
1	>5M	0.080%	0.024%
2	>25M	0.070%	0.016%
3	>100M	0.060%	0.008%
4	>500M	0.056%	0.000%
5	>2B	0.052%	0.000%
6	>7B	0.048%	0.000%

Volume tiers are denominated in USD.