# Ordinals

nftperp offers perpetual futures trading for Ordinals as well as Ethereum NFTs. However, there are some key differences in protocol design and pair specs when trading Ordinals to be aware of. The different specs are as follows:

* Max leverage: 2x
* Tick size: 0.0001 WBTC
* Minimum position size: 0.001 WBTC
* Minimum margin ratio: 10%
* Insurance fund: Deposit WBTC, receive ONIP (Ordinals NIP) receipt token

The oracle design for Ordinals can be found on the [oracle](https://nftperp.gitbook.io/core-docs/nftperp/protocol-design/oracle) page
