Market Parameters

Market Parameters

Assigned to each market in COVO's contracts.

Parameter

Type

Description

name

string

Market's full name.

category

string

crypto, fx, commodities, or indices.

maxLeverage

uint256

The maximum leverage allowed on this market.

maxDeviation

uint256

Maximum distance the DON price must be from the the Chainlink price. In basis points (bps).

fee

uint256

In bps.

liqThreshold

uint256

A position that reaches this amount of loss on its margin can be liquidated. In bps.

allowChainlinkExecution

boolean

Allow anyone to execute pending orders using Chainlink after a cooldown period has passed.

isClosed

boolean

Whether the market is closed (e.g. weekends).

isReduceOnly

boolean

Whether the market accepts only reduce-only orders.

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