Coherent Corp. (COHR)

COHR tracks the value of 1 share of common stock in Coherent Corp. Coherent makes photonics and laser components for data-center optical networking, industrial lasers, and AI infrastructure; it was formed from the 2022 merger of II-VI and Coherent, Inc.

Used for margin, unrealized PnL, and liquidation calculations. May also be used to trigger TP/SL depending on settings.

Price aggregated from external sources via validators. Used to ensure fair pricing and calculate funding rates.

If the funding rate is positive, long positions pay short positions; if it's negative, short positions pay longs.

Annualized: 10.51%

Off-hours: oracle frozen, mark still live within ±[market-specific price band]% — positions can still be liquidated, funding premium disabled.