TradFi Stocks Index (TRADFI)

Overview

The TradFi Stocks Index is an index designed to provide investors with diversified exposure to hundreds of the largest publicly-traded equities in the US.

Index Value

The index is priced by formulaically aggregating the nominal prices of each equity component's market cap. The mark price is provided for this product by Pyth.

Trading

Like all other perpetual futures contracts on Helix, the TradFi Stocks Index is a derivative product with leverage. This specific product has a maximum leverage of 25x, with an initial margin of 3.33% and maintenance margin of 2%. The pair trades 24/7/365, though the oracle only updates during typical NYSE trading hours, from 2:30pm UTC to 9pm UTC on weekdays (except NYSE trading holidays).