> ## Documentation Index > Fetch the complete documentation index at: https://docs.tplus.cx/llms.txt > Use this file to discover all available pages before exploring further. # Production parameters > Current production risk parameters and asset config for each listed asset, mirroring environments/prod/params.json. These are the current production values, mirroring `environments/prod/params.json`. Values shared by every asset — utilization ceiling, borrow-rate curve, funding constants, IM breakpoints, buffer — are listed once under [shared parameters](/risk-parameters/overview#shared-parameters); each field's meaning is in the [glossary](/risk-parameters/overview#parameter-glossary). Live values come from `GET /registry/risk-parameters` and `GET /registry/assets`. ## Assets | Index | Asset | Class | Representations | Chains | | ----- | ----- | ----- | --------------- | ------------------------------- | | 0 | USDC | USD | USDC, USDT | Ethereum, Arbitrum, Monad, Base | | 1 | ETH | ETH | WETH | Ethereum, Arbitrum, Monad, Base | | 2 | BTC | BTC | WBTC | Ethereum, Arbitrum, Monad | | 3 | ARB | ARB | ARB | Ethereum, Arbitrum | | 4 | MON | MON | MON | Monad | | 5 | GOLD | GOLD | XAUT | Ethereum | | 6 | CIGS | CIGS | CIGS | Base | ## Margin and caps | Asset | CF | LF | IM factor (low -> full OI) | Total OI cap | Spot-margin OI cap | Collateral cap | | ----- | ---- | ---- | -------------------------- | ------------------- | ------------------ | -------------- | | USDC | 100% | 100% | n/a (1) | exempt (2) | 0 | 1,000,000,000 | | ETH | 98% | 98% | 98.0% -> 49.0% | 100,000,000 USD | 77,000,000 | 90,000,000 | | BTC | 98% | 98% | 99.5% -> 49.7% | 150,000,000 USD | 55,000,000 | 75,000,000 | | ARB | 95% | 95% | 94.7% -> 47.4% | 3,000,000 USD | 1,000,000 | 5,000,000 | | MON | 50% | 50% | 0% (3) | 0 (reduce-only) (3) | 0 | 500,000 | | GOLD | 77% | 77% | 0% (3) | 5,725,004 USD | 5,725,004 | 7,470,650 | | CIGS | 98% | 98% | 98.0% -> 49.0% | 100,000,000 USD | 77,000,000 | 90,000,000 | Total OI cap is USD notional; spot-margin OI cap and collateral cap are in the asset's token units (x1e18 onchain). IM factor is shown at the lowest and highest used-open-interest breakpoints; it steps down across the [shared breakpoints](/risk-parameters/overview#shared-parameters). **Notes:** 1. USD (index 0) is never haircut; CF, LF, and IM factor act as 1 in margin math regardless of configured values. See [Margin](/trading/margin#equations). 2. USD is exempt from the total open-interest cap. 3. An IM factor of 0 gives the asset no initial-margin credit as collateral. A total OI cap of 0 forces the market reduce-only — no new leveraged open interest. MON is collateral-only at launch. ## Funding and borrow caps | Asset | Max funding rate | Max borrow-rate cap | Min sub-account balance | | ----- | ---------------- | ------------------- | ----------------------- | | USDC | 250 (0.025%) | 930 (0.093%) | 1 USD | | ETH | 387 (0.0387%) | 895 (0.0895%) | 0.001 USD | | BTC | 362 (0.0362%) | 818 (0.0818%) | 0.0001 USD | | ARB | 375 (0.0375%) | 650 (0.065%) | 1 USD | | MON | 375 (0.0375%) | 650 (0.065%) | 1 USD | | GOLD | 375 (0.0375%) | 650 (0.065%) | 0.001 USD | | CIGS | 387 (0.0387%) | 895 (0.0895%) | 1 USD | `maxFundingRate` and `maxUtilizationRate` are 1e6-scaled per-interval charge caps (decoded percent in parentheses); the Registry hard-caps both at `1142` (about 0.114%). `maxFundingRate` clamps the funding rate on both signs; `maxUtilizationRate` caps the borrow rate on the base and quote sides alike. ## Chains and deposit caps Per-(asset, chain) asset config. Addresses are the EVM token addresses (`routingId` 0); deposit caps are in token units (x1e18 onchain), `minWeight` is a raw target weight. Deposit isolation and weights are covered under [Asset parameters](/funds/asset-parameters), [Fungibility](/funds/fungibility#deposit-caps-and-isolation), and [Rebalancing](/funds/rebalancing). | Asset | Chain | Token address | Max deposits | 1h deposit cap | Min weight | | ----------- | -------- | -------------------------------------------- | ----------------- | ----------------- | ---------- | | USDC | Ethereum | `0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48` | 271,000,000 | 54,200,000 | 12 | | USDC | Arbitrum | `0xaf88d065e77c8cc2239327c5edb3a432268e5831` | 271,000,000 | 54,200,000 | 12 | | USDC | Monad | `0x754704bc059f8c67012fed69bc8a327a5aafb603` | 271,000,000 | 54,200,000 | 12 | | USDT | Ethereum | `0xdac17f958d2ee523a2206206994597c13d831ec7` | 229,000,000 | 45,800,000 | 12 | | USDC | Base | `0x833589fcd6edb6e08f4c7c32d4f71b54bda02913` | 1,000,000,000,000 | 1,000,000,000,000 | 16 | | ETH (WETH) | Ethereum | `0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2` | 100,000,000 | 20,000,000 | 16 | | ETH (WETH) | Arbitrum | `0x82af49447d8a07e3bd95bd0d56f35241523fbab1` | 100,000,000 | 20,000,000 | 16 | | ETH (WETH) | Monad | `0xee8c0e9f1bffb4eb878d8f15f368a02a35481242` | 100,000,000 | 20,000,000 | 16 | | ETH (WETH) | Base | `0x4200000000000000000000000000000000000006` | 100,000,000 | 20,000,000 | 16 | | BTC (WBTC) | Ethereum | `0x2260fac5e5542a773aa44fbcfedf7c193bc2c599` | 150,000,000 | 30,000,000 | 16 | | BTC (WBTC) | Arbitrum | `0x2f2a2543b76a4166549f7aab2e75bef0aefc5b0f` | 150,000,000 | 30,000,000 | 16 | | BTC (WBTC) | Monad | `0x0555e30da8f98308edb960aa94c0db47230d2b9c` | 150,000,000 | 30,000,000 | 16 | | ARB | Ethereum | `0xb50721bcf8d664c30412cfbc6cf7a15145234ad1` | 5,000,000 | 1,000,000 | 25 | | ARB | Arbitrum | `0x912ce59144191c1204e64559fe8253a0e49e6548` | 5,000,000 | 1,000,000 | 25 | | MON | Monad | `0xeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee` | 500,000 | 100,000 | 50 | | GOLD (XAUT) | Ethereum | `0x68749665ff8d2d112fa859aa293f07a622782f38` | 7,470,650 | 1,494,130 | 50 | | CIGS | Base | `0x2e9126f66e386879f312287a419b0f70004c3f5b` | 100,000,000 | 20,000,000 | 16 | All values are governance-set and change over time. Treat this as a snapshot; read the registry endpoints for live values.