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 ExchangeKwenta x Synthetix: A Unified Future
Today marks a monumental step forward for both Kwenta and Synthetix. Following the approval of KIP-138 by the Kwenta community and SIP-411 by the Synthetix community, the two projects will now reunite under a single mission: to build the most powerful decentralized derivatives platform in DeFi.Why Was This Decision Made?This unification brings Kwenta full circle. Originally launched in 2021 as an independent protocol through SIP-179, Kwenta was designed to be a dedicated front end for Synthet...
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 ExchangeKwenta x Synthetix: A Unified Future
Today marks a monumental step forward for both Kwenta and Synthetix. Following the approval of KIP-138 by the Kwenta community and SIP-411 by the Synthetix community, the two projects will now reunite under a single mission: to build the most powerful decentralized derivatives platform in DeFi.Why Was This Decision Made?This unification brings Kwenta full circle. Originally launched in 2021 as an independent protocol through SIP-179, Kwenta was designed to be a dedicated front end for Synthet...
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 excited to announce the addition of the Maker (MKR/USD) perpetual futures market, available for leverage trading through Kwenta on Arbitrum.
This new market is brought to you by our partners at Perennial, utilizing a price feed powered by Pyth oracles. We are pleased to offer you enhanced trading opportunities with this market, and we thank you for your continued support.
Trading for this new market has now been enabled and is live. Trade it here.
Happy Trading!
Market Address: 0xe8BF156034b64A7266AcD28046F67f3fa7Ecc53a
Maker/Taker Fees: 0.01% / 0.06%
Min Collateral: 50 USDC
Leverage: Up to 27.03x
Min Maintenance: 3.20%
For detailed market parameters, please refer to: Perennial Market Details
Trader Rewards: Traders on Kwenta can earn ARB rewards by actively trading Perennial’s new MKR market.
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 excited to announce the addition of the Maker (MKR/USD) perpetual futures market, available for leverage trading through Kwenta on Arbitrum.
This new market is brought to you by our partners at Perennial, utilizing a price feed powered by Pyth oracles. We are pleased to offer you enhanced trading opportunities with this market, and we thank you for your continued support.
Trading for this new market has now been enabled and is live. Trade it here.
Happy Trading!
Market Address: 0xe8BF156034b64A7266AcD28046F67f3fa7Ecc53a
Maker/Taker Fees: 0.01% / 0.06%
Min Collateral: 50 USDC
Leverage: Up to 27.03x
Min Maintenance: 3.20%
For detailed market parameters, please refer to: Perennial Market Details
Trader Rewards: Traders on Kwenta can earn ARB rewards by actively trading Perennial’s new MKR market.
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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