# Kwenta Lists $TRX Perp By [Synthetix Exchange](https://paragraph.com/@kwenta) · 2023-05-27 --- Hello again Traders, Kwenta is ecstatic to announce that $TRX 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 this new market has now been enabled and is live at:_ [ Synthetix Exchange ------------------ Gain exposure to a variety of assets with up to 50x leverage and deep liquidity https://kwenta.eth.limo ](https://kwenta.eth.limo/) The $TRX price 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 trade panel. 📝Contract Specs ---------------- ### TRX-PERP * Underlying Asset: $TRX * Settlement Asset: $sUSD * Open Interest (OI) Cap: 15,000,000 TRX * Maker/Taker Fees: 2/10 bps * Skew Skale: 1,000,000,000 * LiquidationBufferRatio: 125 bps * Expiry: Perpetual * Maximum Leverage: 25x * Liquidation Price: The TRX Chainlink oracle price * 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. Listing New Synths ------------------ 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/), as well as [Pyth](https://pyth.network/), 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 ------------------------- 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/). --- *Originally published on [Synthetix Exchange](https://paragraph.com/@kwenta/kwenta-lists-trx-perp)*