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...
Share Dialog
Share Dialog
Kwenta has been acquired by Synthetix. Please follow along at https://blog.synthetix.io/ Trading is live at https://exchange.synthetix.io/
Subscribe to Synthetix Exchange
Subscribe to Synthetix Exchange
At Kwenta, we’re excited to introduce the Kwenta Points Program—a fun and rewarding way to boost your trading experience. By competing with other traders to rise the ranks, you can unlock exclusive rewards each season. Here’s everything you need to know to start earning points and advancing your rank today.
The best way to earn points is to trade on Kwenta! To maximize your points, Kwenta does offer retroactive points, bonuses, and more. Here’s a breakdown of how you can earn points in the Kwenta Points Program:
Trading: For trades on or after May 23rd at 00:00 UTC, you earn 20 EXP per $1 in trading fees. If you traded on Base v3 before May 23rd, you will receive a retroactive reward of 40 EXP per $1 in trading fees.
Perps Whale Bonus: If you’ve conducted $1 million or more in historical volume before May 23rd, 2024, on any supported perps platforms (GMX, Gains Trade, MUX, Vertex, or Synthetix v2 Perps including Kwenta), and you complete $500 in trading fees during Season 1, you’ll earn an additional 10,000 bonus EXP.
Upcoming Opportunities: Kwenta is working on new opportunities like a revamped referral program, yield opportunities, and more. Stay tuned to Kwenta’s social media for the latest news.
End-of-Season Bonus: At the end of each season, you’ll receive bonus EXP based on your final rank, giving you an extra boost for your efforts.
These activities offer plenty of ways to rack up points and rise through the ranks. Be sure to check back often since new actions and points missions will be added.
The Kwenta Points Program is organized into seasons, each offering unique rewards based on your participation and rank. Here’s how it works:
The length of each season will be decided by Kwenta governance and announced on Discord and Twitter, but will line up with major product releases. During each season you can earn points through trading and other activities. The points you accumulate contribute to your rank within the current season, and your performance is reset at the beginning of each new season.
Your rank is determined by the total points you've earned in the current season. As you collect more points, you'll advance through levels, starting from NPC and moving up through Novice, Journeyman, Expert, Master, Grandmaster, and ultimately to God Tier. Each tier offers increasingly valuable rewards, with bonus EXP distributed based on your subtier at the end of the season.
Although specific reward details have not yet been released, they may be announced at any time during, or shortly after the conclusion of the season. Rewards may change from season to season, so make sure to check back for new updates and opportunities.
To help you easily track your progress within the Kwenta Points Program, we’ve integrated several key features into the platform's UI:
You can quickly check your rank and current points by hovering over your profile picture at the top of the UI. Your rank is visually represented by a profile picture, which changes as you advance. A progress bar beneath your points total indicates how close you are to reaching your next milestone.
Wondering how many points you earned for your recent trade? Every time you earn points or climb the ranking ladder, you’ll get a notification in the bottom right of your screen. This notification serves as a verification and quick reference for your earnings and rank.
The Points Dashboard is your central hub for tracking all aspects of your progress and standing within the Kwenta Points Program. Here’s what you’ll find:
Overview Tab: This tab provides a snapshot of your current rank, points, and progress within the season. You’ll also see a quick tip on how points are earned—like earning 20 points per $1 in trading fees.
Leaderboard and Activity Feed: The Score Board shows how you rank compared to other traders, displaying wallet addresses or ENS if applicable, along with total points. The Activity Feed displays recent activities from all users participating in the Points Program, offering a real-time view of what’s happening across the platform.
Seasons Tab: The Seasons tab offers a detailed breakdown of your performance within the current season. You’ll see when the season started, your total points earned, and your current level. This tab is perfect for tracking your progress over time and understanding how your efforts are paying off.
History Tab: The History tab provides a detailed log of all your point-earning activities. Here, you can see the date and time of each trade, the type of activity, the season in which the points were earned, the account used, and the exact number of points earned.
The Kwenta Points Program is all about rewarding your engagement and dedication. The more you trade and participate in the Kwenta ecosystem, the more you’ll earn. So, dive into the Points Dashboard, start trading, and see how quickly you can rise through the ranks.
For more details on how the Kwenta Points Program works and tips on maximizing your rewards, visit our Points Program Page and review KIP-128 for the full breakdown.
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.
At Kwenta, we’re excited to introduce the Kwenta Points Program—a fun and rewarding way to boost your trading experience. By competing with other traders to rise the ranks, you can unlock exclusive rewards each season. Here’s everything you need to know to start earning points and advancing your rank today.
The best way to earn points is to trade on Kwenta! To maximize your points, Kwenta does offer retroactive points, bonuses, and more. Here’s a breakdown of how you can earn points in the Kwenta Points Program:
Trading: For trades on or after May 23rd at 00:00 UTC, you earn 20 EXP per $1 in trading fees. If you traded on Base v3 before May 23rd, you will receive a retroactive reward of 40 EXP per $1 in trading fees.
Perps Whale Bonus: If you’ve conducted $1 million or more in historical volume before May 23rd, 2024, on any supported perps platforms (GMX, Gains Trade, MUX, Vertex, or Synthetix v2 Perps including Kwenta), and you complete $500 in trading fees during Season 1, you’ll earn an additional 10,000 bonus EXP.
Upcoming Opportunities: Kwenta is working on new opportunities like a revamped referral program, yield opportunities, and more. Stay tuned to Kwenta’s social media for the latest news.
End-of-Season Bonus: At the end of each season, you’ll receive bonus EXP based on your final rank, giving you an extra boost for your efforts.
These activities offer plenty of ways to rack up points and rise through the ranks. Be sure to check back often since new actions and points missions will be added.
The Kwenta Points Program is organized into seasons, each offering unique rewards based on your participation and rank. Here’s how it works:
The length of each season will be decided by Kwenta governance and announced on Discord and Twitter, but will line up with major product releases. During each season you can earn points through trading and other activities. The points you accumulate contribute to your rank within the current season, and your performance is reset at the beginning of each new season.
Your rank is determined by the total points you've earned in the current season. As you collect more points, you'll advance through levels, starting from NPC and moving up through Novice, Journeyman, Expert, Master, Grandmaster, and ultimately to God Tier. Each tier offers increasingly valuable rewards, with bonus EXP distributed based on your subtier at the end of the season.
Although specific reward details have not yet been released, they may be announced at any time during, or shortly after the conclusion of the season. Rewards may change from season to season, so make sure to check back for new updates and opportunities.
To help you easily track your progress within the Kwenta Points Program, we’ve integrated several key features into the platform's UI:
You can quickly check your rank and current points by hovering over your profile picture at the top of the UI. Your rank is visually represented by a profile picture, which changes as you advance. A progress bar beneath your points total indicates how close you are to reaching your next milestone.
Wondering how many points you earned for your recent trade? Every time you earn points or climb the ranking ladder, you’ll get a notification in the bottom right of your screen. This notification serves as a verification and quick reference for your earnings and rank.
The Points Dashboard is your central hub for tracking all aspects of your progress and standing within the Kwenta Points Program. Here’s what you’ll find:
Overview Tab: This tab provides a snapshot of your current rank, points, and progress within the season. You’ll also see a quick tip on how points are earned—like earning 20 points per $1 in trading fees.
Leaderboard and Activity Feed: The Score Board shows how you rank compared to other traders, displaying wallet addresses or ENS if applicable, along with total points. The Activity Feed displays recent activities from all users participating in the Points Program, offering a real-time view of what’s happening across the platform.
Seasons Tab: The Seasons tab offers a detailed breakdown of your performance within the current season. You’ll see when the season started, your total points earned, and your current level. This tab is perfect for tracking your progress over time and understanding how your efforts are paying off.
History Tab: The History tab provides a detailed log of all your point-earning activities. Here, you can see the date and time of each trade, the type of activity, the season in which the points were earned, the account used, and the exact number of points earned.
The Kwenta Points Program is all about rewarding your engagement and dedication. The more you trade and participate in the Kwenta ecosystem, the more you’ll earn. So, dive into the Points Dashboard, start trading, and see how quickly you can rise through the ranks.
For more details on how the Kwenta Points Program works and tips on maximizing your rewards, visit our Points Program Page and review KIP-128 for the full breakdown.
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.
>1K subscribers
>1K subscribers
No activity yet