# Open Interest Caps

Open interest is capped for all XYZ deployed perps markets, with each market having a dedicated OI cap. Once this cap is reached, new positions cannot be opened until open interest falls below the specified limit and only existing positions may be reduced or closed. These caps are subject to change and will likely be increased over time. The current OI caps can be found in [Specification Index](/consolidated-resources/specification-index.md) and [Specification Index (IPOPs)](/consolidated-resources/specification-index-ipops.md).


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.trade.xyz/perp-mechanics/open-interest-caps.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.