Taiwan Semiconductor Manufacturing Company Limited (TSM)

TSM tracks the value of 1 share of common stock in Taiwan Semiconductor Manufacturing Company. TSMC is the world's largest contract chipmaker, manufacturing the vast majority of the world's most advanced chips for customers including Apple, Nvidia, and AMD.

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.