> For the complete documentation index, see [llms.txt](https://www.aevo.xyz/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.aevo.xyz/docs/aevo-products/aevo-exchange/trading-on-aevo/perpetuals-specifications/btc-perpetual-futures.md).

# BTC Perpetual Futures

## Contract Specifications <a href="#h_572ba21e5f" id="h_572ba21e5f"></a>

| Contract Type       | BTC Perpetual Futures                                                                                                  |
| ------------------- | ---------------------------------------------------------------------------------------------------------------------- |
| Underlying Asset    | Aevo BTC Index                                                                                                         |
| Quote Asset         | USDC                                                                                                                   |
| Price Step Size     | 0.1                                                                                                                    |
| Amount Step Size    | 0.001                                                                                                                  |
| Contract Size       | 1 contract = 1 BTC                                                                                                     |
| Funding Rate        | [See the Funding Rate doc](/docs/aevo-products/aevo-exchange/technical-architecture/perpetual-futures-funding-rate.md) |
| Funding Period      | 1 hour                                                                                                                 |
| Mark Pricing        | [See the Mark Pricing doc](/docs/aevo-products/aevo-exchange/technical-architecture/perpetual-futures-mark-pricing.md) |
| Minimum Order Value | 10 USDC                                                                                                                |
| Trading Fees        | <p>Taker Fees: 0.08%<br>Maker Fees: 0.05%</p>                                                                          |
| Initial Margin      | 5%                                                                                                                     |
| Maintenance Margin  | 3%                                                                                                                     |
| Max Leverage        | 20x                                                                                                                    |
| Liquidation Fee     | 1% of liquidated position value                                                                                        |


---

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