# Kwenta Lists 8 New Markets


By [Synthetix Exchange](https://paragraph.com/@kwenta) · 2024-10-21

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Kwenta is thrilled to share that 8 new perps have been added to its list of assets eligible for trading. This expansion is available on Kwenta through Perps V3 on Base, following the approval of SIPs [SIP-396](https://sips.synthetix.io/sips/sip-396/) with configurable values set by [SCCP-358](https://sips.synthetix.io/sccp/sccp-358/).

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:_**

[https://kwenta.io/market/?provider=snx\_v3\_base&asset=sETH](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._

**📝 - Contract Specc**
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### **EIGEN - PERP**

*   Max Market Value: $1,000,000
    
*   Initial Margin Ratio: 0.91
    
*   Minimum Initial Margin Ratio: 5
    
*   Skew Scale: 4,000,000
    

### **IO - PERP**

*   Max Market Value: $1,000,000
    
*   Initial Margin Ratio: 0.694
    
*   Minimum Initial Margin Ratio: 5%
    
*   Skew Scale: 400,000,000
    

### **MEW - PERP**

*   Max Market Value: $1,000,000
    
*   Initial Margin Ratio: 1.597
    
*   Minimum Initial Margin Ratio: 5%
    
*   Skew Scale: 166,500,000
    

### **NOT - PERP**

*   Max Market Value: $1,000,000
    
*   Initial Margin Ratio: 1.14
    
*   Minimum Initial Margin Ratio: 5%
    
*   Skew Scale: 2,250,000
    

### **PEOPLE - PERP**

*   Max Market Value: $1,000,000
    
*   Initial Margin Ratio: 2.403
    
*   Minimum Initial Margin Ratio: 5%
    
*   Skew Scale: 322,500,000
    

### **RENDER - PERP**

*   Max Market Value: $1,000,000
    
*   Initial Margin Ratio: 1.467
    
*   Minimum Initial Margin Ratio: 5%
    
*   Skew Scale: 8,000,000
    

### **SATS - PERP**

*   Max Market Value: $1,000,000
    
*   Initial Margin Ratio: 0.907
    
*   Minimum Initial Margin Ratio: 5%
    
*   Skew Scale: 20,000,000
    

### **ZRO - PERP**

*   Max Market Value: $50,000
    
*   Initial Margin Ratio: 1.037
    
*   Minimum Initial Margin Ratio: 5%
    
*   Skew Scale: 1,875,000,000
    

### **Perps markets will share the following configurations:**

*   TakerFeeRatio: 10 bp
    
*   MakerFeeRatio: 0 bp
    
*   maxFundingVelocity: 9
    
*   flagRewardRatio: 3 bp
    
*   minimumPositionMargin: 50
    
*   lockedOiRatio: 0.5
    
*   maxLiquidationLimitMultiplier: 1.5
    
*   maxLiquidationPD: 5 bp
    
*   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!_

**Join the Kwenta Community**
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If you haven't already, join the Kwenta community on [Discord](https://discord.gg/kwentaio).

To be the first to learn about new updates to Kwenta, follow us on [Twitter](https://twitter.com/kwenta_io).

To trade synthetic assets and futures, visit [Kwenta](https://v3.kwenta.io/market/?provider=snx_v3&asset=sETH).

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*Originally published on [Synthetix Exchange](https://paragraph.com/@kwenta/kwenta-lists-8-new-markets)*