# Kwenta Lists JTO & UMA

By [Synthetix Exchange](https://paragraph.com/@kwenta) · 2024-01-26

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Hello Traders,

Kwenta is excited to share the addition of JTO & ORDI futures markets available for leverage trading through [Kwenta](https://kwenta.eth.limo/) on [Optimism](https://kwenta.io/).

Kwenta is an on-chain decentralized exchange (DEX) for perpetual futures contracts, with up to 50x leverage for makers and takers. _Trading for these new markets have now been enabled and are live at:_

[https://kwenta.eth.limo/market/?asset=UMA&accountType=smart\_margin](https://kwenta.eth.limo/market/?asset=UMA&accountType=smart_margin)

The prices will be set via decentralized push-based [Chainlink oracles](https://docs.kwenta.io/resources/oracles), as well as pull-based [Pyth Oracles](https://pyth.network/), fees can and will vary depending on the asset, and the newest Futures Fees can be found in the order entry panel.

📝Contract Specs
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### JTO-PERP

*   Underlying Asset: $JTO
    
*   Open Interest (OI) Cap: 550,000 JTO
    
*   Maker/Taker Fees: 2/10 bps
    
*   Skew Skale: 8,000,000
    

### ORDI-PERP

*   Underlying Asset: $ORDI
    
*   Open Interest (OI) Cap: 20,000 ORDI
    
*   Maker/Taker Fees: 2/10 bps
    
*   Skew Skale: 750,000
    

### **Aside from the above, the perps markets will share the following configurations:**

*   Expiry: Perpetual
    
*   Leverage: 25
    
*   Funding: The Funding Rate applies to open positions on Perpetual Futures contracts.
    
*   liquidationPremiumMultiplier: 3
    
*   offchainDelayedOrderMinAge: 15 seconds
    
*   offchainDelayedOrderMaxAge: 120 seconds
    
*   maxFundingVelocity: 36
    
*   offchainPriceDivergence: 10%
    
*   maxLiquidationDelta: maker+taker offchain fees
    
*   maxPD: maxLiquidationDelta \* 2
    
*   LiquidationBufferRatio: 150 bps
    

### **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://kwenta.eth.limo/).

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