1.Product Description

Product: ALGO Perpetual Swap Futures

Token Name: FALGO


2. Project Introduction

FALGOis a derivative product of ALGO. Specifically, it is a perpetual swap futures contract of ALGO. This contract mimics the margin-based spot market price of ALGO and thus trades close to the underlying reference index price. 


3. Contract Info

Contract Size: 10 ALGO/Contract

Position Limit 100

Tick Size: 0.001 USDT

Leverage: 10

Settlement Token: USDT

Margin Type: Cross Margin


4.Support links

Official Rules: https://bxb.io/more/tutorials/364-perpetual-futures