# Platform Parameters

Topics covered in this section:

* [Trade Limits ](#trade-limits)
* [Advanced Settings](#advanced-settings)
* [FLP Parameters](#flp-parameters)

Important parameters to take note of when trading on the FireUp platform.

### Trade Limits:

To reduce the risk of FLP exposure per trade, we have implemented a limit on trade size relative to FLP size.

* **Max Amount:** 

The size of an option that a user can buy is limited by the liquidity available in the pool. Currently, the maximum utilization rate of the pool is 40%. Additionally, there is a maximum utilization rate of 2% to 3% per asset per direction (up/down), depending on the asset pair.

* **Max trade size:**

In a single trade, a user can trade up to 0.25% of the pool's available liquidity. If a user tries to trade for a greater amount, their trade will be partially filled with the maximum possible amount and the rest will be refunded.

### Advanced Settings:

* **Slippage:**

At FireUp, slippage is the difference between the price at which a user initiates a trade and the price at which the trade is actually opened.

### FLP Parameters:

FireUp has implemented several mitigation measures to reduce the risk of liquidity providers (LPs) taking on too much exposure to one side of the market.

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