Synthetix ExchangeThe Kwenta Token Migration
The swap interface for migrating your KWENTA tokens to SNX is now live. This migration unlocks opportunities to participate in the Synthetix system and DAO, where your SNX tokens can be staked and used to help govern the protocol. Follow the simple steps below to ensure a smooth transition and start vesting your tokens today. For more details about the unification with Synthetix, check out this blog.Key Details About Token VestingTokens began vesting on November 12th, even if you haven’t depo...
Synthetix ExchangeKwenta x Synthetix: Next Steps
Following the unification announcement, we’re now entering the next phase of the transition. This stage focuses on streamlining token migration, refining incentives, and ensuring traders experience a smooth shift as Kwenta evolves into Synthetix Exchange.Social Media UpdatesKwenta’s community spaces are evolving to support this transition while ensuring traders and community members continue to have access to resources and support.Discord ChangesWhile most channels will be archived, key chann...
Synthetix ExchangeUnveiling the Synthetix Exchange
With the successful transition to Synthetix Exchange, the deprecation of the Kwenta DAO and Kwenta brand is now final. This marks the end of an era, but it’s far from the end of the journey. The community that powered Kwenta will continue to thrive under the unified Synthetix Exchange banner. Alongside this evolution comes a major product upgrade, setting the stage for an even better trading experience. Before we dive into the new features of Synthetix Exchange, here’s how you can stay involv...
Kwenta has been acquired by Synthetix. Please follow along at https://blog.synthetix.io/ Trading is live at https://exchange.synthetix.io/
Synthetix ExchangeThe Kwenta Token Migration
The swap interface for migrating your KWENTA tokens to SNX is now live. This migration unlocks opportunities to participate in the Synthetix system and DAO, where your SNX tokens can be staked and used to help govern the protocol. Follow the simple steps below to ensure a smooth transition and start vesting your tokens today. For more details about the unification with Synthetix, check out this blog.Key Details About Token VestingTokens began vesting on November 12th, even if you haven’t depo...
Synthetix ExchangeKwenta x Synthetix: Next Steps
Following the unification announcement, we’re now entering the next phase of the transition. This stage focuses on streamlining token migration, refining incentives, and ensuring traders experience a smooth shift as Kwenta evolves into Synthetix Exchange.Social Media UpdatesKwenta’s community spaces are evolving to support this transition while ensuring traders and community members continue to have access to resources and support.Discord ChangesWhile most channels will be archived, key chann...
Synthetix ExchangeUnveiling the Synthetix Exchange
With the successful transition to Synthetix Exchange, the deprecation of the Kwenta DAO and Kwenta brand is now final. This marks the end of an era, but it’s far from the end of the journey. The community that powered Kwenta will continue to thrive under the unified Synthetix Exchange banner. Alongside this evolution comes a major product upgrade, setting the stage for an even better trading experience. Before we dive into the new features of Synthetix Exchange, here’s how you can stay involv...
Kwenta has been acquired by Synthetix. Please follow along at https://blog.synthetix.io/ Trading is live at https://exchange.synthetix.io/
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Kwenta is thrilled to share that 3 new perps have 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-361
Kwenta operates as a decentralized and composable exchange onchain, offering access to 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:
https://kwenta.io/market/?provider=snx_v3_base&asset=sETH
Fees can and will vary depending on the asset, and the newest fees can be found directly on the UI.
Max Market Value: $3,000,000
Initial Margin Ratio: 2.459
Minimum Initial Margin Ratio: 5%
Skew Scale: 20,000,000
Max Market Value: $3,000,000
Initial Margin Ratio: 1.588
Minimum Initial Margin Ratio: 5%
Skew Scale: 50,000,000
Max Market Value: $500,000
Initial Margin Ratio: 1.211
Minimum Initial Margin Ratio: 5%
Skew Scale: 3,000,000
TakerFeeRatio: 10 bp (5 bp during the promotional period)
MakerFeeRatio: 0 bp
maxFundingVelocity: 9
flagRewardRatio: 3 bp
minimumPositionMargin: 50
lockedOiRatio: 0.5
maxLiquidationLimitMultiplier: 1.5
maxLiquidationPD: 5 bp
endorsedLiquidator: "0x11233749514Ab8d00C0A5873DF7428b3db70030f"
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!
If you haven't already, join the Kwenta community on Discord.
To be the first to learn about new updates to Kwenta, follow us on Twitter.
To trade synthetic assets and futures, visit Kwenta.
Kwenta is thrilled to share that 3 new perps have 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-361
Kwenta operates as a decentralized and composable exchange onchain, offering access to 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:
https://kwenta.io/market/?provider=snx_v3_base&asset=sETH
Fees can and will vary depending on the asset, and the newest fees can be found directly on the UI.
Max Market Value: $3,000,000
Initial Margin Ratio: 2.459
Minimum Initial Margin Ratio: 5%
Skew Scale: 20,000,000
Max Market Value: $3,000,000
Initial Margin Ratio: 1.588
Minimum Initial Margin Ratio: 5%
Skew Scale: 50,000,000
Max Market Value: $500,000
Initial Margin Ratio: 1.211
Minimum Initial Margin Ratio: 5%
Skew Scale: 3,000,000
TakerFeeRatio: 10 bp (5 bp during the promotional period)
MakerFeeRatio: 0 bp
maxFundingVelocity: 9
flagRewardRatio: 3 bp
minimumPositionMargin: 50
lockedOiRatio: 0.5
maxLiquidationLimitMultiplier: 1.5
maxLiquidationPD: 5 bp
endorsedLiquidator: "0x11233749514Ab8d00C0A5873DF7428b3db70030f"
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!
If you haven't already, join the Kwenta community on Discord.
To be the first to learn about new updates to Kwenta, follow us on Twitter.
To trade synthetic assets and futures, visit Kwenta.
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