Protocol parameters

This page brings together all parameter values in the protocol.

• Fee collector: 0x1E3e1128F6bC2264a19D7a065982696d356879c5

• Min Leverage: 1.1x

• Max Leverage: 25x

• Low Latency Validator Deadline: 15 minutes

• On-Chain Validator Deadline: 65 minutes

• Safety Margin: 2%

• Protocol Fee: 8%

• Rebalancer Bonus: 60%

• Liquidation Penalty: 200 ticks (around 2.02%)

• EMA Period: 5 days

• Funding Scaling Factor: 0.12

• Fee Threshold: 1 ether

• Open Exposure Imbalance Limit: 4%

• Withdrawal Exposure Imbalance Limit: 6%

• Deposit Exposure Imbalance Limits: 4%

• Close Exposure Imbalance Limit: 6%

• Rebalancer Close Exposure Imbalance Limit: 2.5%

• Long Imbalance Target: 3%

• Position Fee: 0.04%

• Vault Fee: 0.04%

• SDEX Rewards Ratio: 1%

• SDEX Burn On Deposit Ratio: 5%

• Security Deposit Value: 0.15 ETH

• Min Long Position: 0.65 wstETH

• Usdn Price Target: 1.0047$

• Usdn Rebase Threshold: 1.005$