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: 0.5 ETH

  • Min Long Position: 0.65 wstETH

  • Usdn Price Target: 1.0047$

  • Usdn Rebase Threshold: 1.005$

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