Additional steps toward a fully optimized, on-chain Perpetual Futures experience on Layer 2 Optimism. Updates at Kwenta are coming more quickly than ever before. Recently, Kwenta onboarded a trio of talent to the Core Contributors. These new resources and the spectacular devDAO significantly increase our ability to meet and exceed expected roadmap items.
The community overwhelmingly requested more granular time frames for charts on Kwenta. With this update, Kwenta enabled hourly candles on its TradingView integration for available assets. The charting experience will continue to be refined and improved as we add more granularity and additional features.
The funding rate previously displayed on the Kwenta Futures platform was an instantaneous rate and very volatile (it changed every time one closed or opened a position). Kwenta now displays a normalized 24-hour funding rate. The indicated funding rate on Kwenta now resembles the average cost of holding the position for a 24 hour period.
Community members mentioned that not being able to interact with the Kwenta Futures UI without a wallet being connected is bad UX. We AGREE and you can now browse the Futures Beta without having a wallet connected.
If you haven't already, join the Kwenta community on Discord.
To learn more about how you can acquire a DAO role as a developer, marketer, governance contributor, or professional trader, visit our Documentation.
To be the first to learn about new updates to Kwenta, follow us on Twitter.