Market Parameters
The Increment protocol is now deployed on zkSync Era mainnet with the following parameters, subject to change through Governance.
Deployed and Verified Contracts on zkSync Era
Insurance: 0xBfE90e7cC908569d102393bf948E6700e6aCc1b3
ClearingHouse: 0x9200536A28b0Bf5d02b7d8966cd441EDc173dE61
ClearingHouseViewer: 0xc8A34A3cfB835018B800c9A50ab0a71149Da13Fb
Perpetual (ETH): 0xeda91B6d87A257d209e947BD7f1bC25FC49272B6
Only the core user-facing parameters are listed here. Visit the Economic Parameters section in Developer Docs to see the complete list of parameters that governance can change.
System Global Parameters
Market Parameters
ETHUSD
Maximum account leverage before liquidation: 33x
Maximum account leverage when opening a position: 6.66x
Fees: Curve has a
mid_fee
and anout_fee
. Themid_fee
is the minimum fee that is charged when the pool is maximally balanced: 0.26%. Theout_fee
is the maximum fee that is charged when the pool is imbalanced: 0.45%. Another important parameter isfee_gamma
which controls how quickly fees change frommid_fee
toout_fee
or vis versa as pool imbalances transform: 0.00023. This is the recommended preset for the CryptoSwap pool. However, the minimum possible value formid_fee
is 0.005% and can be changed in the future via Curve governance.Price for liquidations: The system uses the ETHUSD Chainlink oracle as the price for liquidations.
Funding: Funding payments are added or subtracted to any incurred PnL whenever the global state is updated. The global state can be updated when a user changes position, adds liquidity, or removes liquidity on the market. For more details on funding please see Funding.
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