Leverage and global limits are set per market:
A few notes:
- Distance is measured from the mark price at the moment you place — 0.5% is the closest you can set your target, 10% the furthest.
- Maximum leverage is per market. The Print cap is separate from — and can be lower than — the leverage your account can use for regular perp trading in that market.
- The global position limit is a cap on notional (
deposit × leverage) across every open Print order in that market, not a per-order limit. Once a market sits at its cap, new Print orders there are rejected until existing ones resolve. - Newer markets start with tighter limits. HYPE is the most recent addition and carries the smallest cap and the lowest leverage. Caps and leverage are reviewed as each market matures.
- Once filled, a Print position follows standard perp rules — normal margin, mark-price liquidation, and fees apply to the position from that point on.
- These values may change.