# Kwenta Lists $OP Market


By [Synthetix Exchange](https://paragraph.com/@kwenta) · 2022-09-13

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Dear Traders,

Kwenta is ecstatic to announce that **$OP** is joining the growing list of supported cryptocurrencies, commodities, and forex pairs available for leverage trading through [Kwenta](https://kwenta.eth.limo/) on [Layer 2 Optimism](https://kwenta.io/).

Kwenta is an on-chain composable & decentralized exchange (DEX) for perpetual futures contracts, with up to 25x leverage for makers and takers. Using perpetual contracts, users can trade a variety of crypto and non-crypto-asset derivatives.

> _Trading for these new Futures Markets has now been enabled and is live on:_
> 
> [https://kwenta.eth.limo/](https://kwenta.eth.limo/)

The **$OP** price will be set via decentralized [Chainlink oracles](https://docs.kwenta.io/resources/oracles), fees can and will vary depending on the asset, and the newest Futures Fees can be found at [Kwenta Docs](https://docs.kwenta.io/).

📝Contract Specs
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### OP-SUSD PERP

*   Underlying Asset: $OP
    
*   Settlement Asset: $sUSD
    
*   Open Interest (OI) Cap: 100k sUSD
    
*   Expiry: Perpetual
    
*   Maximum Leverage: 10x
    
*   Liquidation Price: [The OP Chainlink price oracle](https://optimistic.etherscan.io/address/0x0D276FC14719f9292D5C1eA2198673d1f4269246)
    
*   Funding: The Funding Rate applies to open positions on Perpetual Futures contracts. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. The funding rate is calculated in real-time every time a position is opened, modified, or closed and is charged at the exit of a trade.
    
*   Contract Address: [Here](https://optimistic.etherscan.io/address/0x9F1C2f0071Bc3b31447AEda9fA3A68d651eB4632)
    
*   Futures Fees:
    
    *   Maker: 45 bps
        
    *   Taker: 40bps
        

Listing New Synths
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Synthetix provides decentralized derivatives liquidity for protocols like Kwenta. The selection process for adding new Synths to Synthetix is driven by demand, liquidity, and volatility. [Chainlink](https://chain.link/) must support the data feeds necessary for any proposed assets to be considered for inclusion.

### Risk warning:

_Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Kwenta will make best efforts to choose high-quality coins, but will not be responsible for your 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 learn more about how you can acquire a DAO role as a developer, marketer, governance contributor, or professional trader, visit our [Documentation](https://docs.kwenta.io/dao/dao-roles).

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-op-market)*