Kwenta is thrilled to share that PNUT-PERP has been added to its list of assets eligible for trading. This expansion is available on Kwenta through Perps V3 on Base and Arbitrum, following the approval of SCCP-363.
Kwenta operates as a decentralized and composable exchange onchain, offering access perpetual futures contracts on Arbitrum Optimism and Base. Enabling users to trade a wide range of derivatives.
Trading for these new V3 Markets has now been enabled on:
Fees can and will vary depending on the asset, and the newest fees can be found directly on the UI.
📝 - Contract Specc
PNUT- PERP
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Max Market Value: $3,000,000
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Initial Margin Ratio: 4.688
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Minimum Initial Margin Ratio: 5%
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Skew Scale: 10,000,000
Perps markets will share the following configurations:
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TakerFeeRatio: 10 bp (5 bp during the promotional period)
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MakerFeeRatio: 0 bp
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maxFundingVelocity: 9
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flagRewardRatio: 3 bp
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minimumPositionMargin: 50
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lockedOiRatio: 0.5
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maxLiquidationLimitMultiplier: 1.5
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maxLiquidationPD: 5 bp
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endorsedLiquidator: "0x11233749514Ab8d00C0A5873DF7428b3db70030f"
Risk warning:
Synthetix provides decentralized derivatives liquidity for protocols like Kwenta. Demand, liquidity, and volatility drive the selection process for adding new markets. Trading is subject to high market risk. Please make your trades cautiously. We make best efforts to choose high-quality coins but will not be responsible for trading losses. Thanks for your support!
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To trade synthetic assets and futures, visit Kwenta.