Kwenta Open Position: Frontend EngineerKwenta is a decentralized exchange that offers users access to derivative markets through its proprietary smart margin engine. It operates independently as a protocol to provide a decentralized trading experience rivaling top centralized exchanges. We remain committed to our mission of building tier-one financial tooling that’s accessible to all. As we continue to strive towards this objective, we invite you to apply and participate in our efforts.The ro...

Kwenta Open Position: Frontend EngineerKwenta is a decentralized exchange that offers users access to derivative markets through its proprietary smart margin engine. It operates independently as a protocol to provide a decentralized trading experience rivaling top centralized exchanges. We remain committed to our mission of building tier-one financial tooling that’s accessible to all. As we continue to strive towards this objective, we invite you to apply and participate in our efforts.The ro...

Kwenta, in partnership with our oracle providers at Pyth and Chainlink, is once again pushing the limits of on-chain derivatives. With today’s release of 8 new markets, Kwenta now includes 50 ways to go long or short on majors, altcoins, memecoins, metals, forex, and more. At the end of this blog, you can find full details and new market parameters for the assets listed today.Trading for ETH/BTC (ratio), XMR, MAV, ETC , COMP, YFI, MKR, and RPL is now live!The ETH/BTC Ratio PerpOne standout in...

Kwenta, in partnership with our oracle providers at Pyth and Chainlink, is once again pushing the limits of on-chain derivatives. With today’s release of 8 new markets, Kwenta now includes 50 ways to go long or short on majors, altcoins, memecoins, metals, forex, and more. At the end of this blog, you can find full details and new market parameters for the assets listed today.Trading for ETH/BTC (ratio), XMR, MAV, ETC , COMP, YFI, MKR, and RPL is now live!The ETH/BTC Ratio PerpOne standout in...

While no project wants to announce a bug or flaw in a smart contract, swift movement to identify and prevent issues is essential for minimizing the impact when a problem is identified. Last week Kwenta core contributors made the difficult decision to pause Staking v2 after a critical vulnerability was identified by an engineer contributing to the project. Fortunately, this response successfully prevented losses, and resulted only in a small inconvenience for Kwenta stakers. Over the next seve...

While no project wants to announce a bug or flaw in a smart contract, swift movement to identify and prevent issues is essential for minimizing the impact when a problem is identified. Last week Kwenta core contributors made the difficult decision to pause Staking v2 after a critical vulnerability was identified by an engineer contributing to the project. Fortunately, this response successfully prevented losses, and resulted only in a small inconvenience for Kwenta stakers. Over the next seve...

Hello, again, Traders Today, we announce the addition of USDT futures markets available for leverage trading through Kwenta on Layer 2 Optimism. 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 various crypto and non-crypto-asset derivatives. Trading for this new market has now been enabled and is live at: https://dev.kwenta.eth.limo/market/?asset=USDT&acco...

Hello, again, Traders Today, we announce the addition of USDT futures markets available for leverage trading through Kwenta on Layer 2 Optimism. 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 various crypto and non-crypto-asset derivatives. Trading for this new market has now been enabled and is live at: https://dev.kwenta.eth.limo/market/?asset=USDT&acco...

Hello, again, Traders Kwenta is ecstatic to announce that $WLD (World Coin) is joining the growing list of supported cryptocurrencies, commodities, and forex pairs available for trading through Kwenta on Layer 2 Optimism. 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 various crypto and non-crypto-asset derivatives. Trading for this new market has now bee...

Hello, again, Traders Kwenta is ecstatic to announce that $WLD (World Coin) is joining the growing list of supported cryptocurrencies, commodities, and forex pairs available for trading through Kwenta on Layer 2 Optimism. 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 various crypto and non-crypto-asset derivatives. Trading for this new market has now bee...

Sunsetting Perps V1SCCP 2008 has passed, and with it goes into motion, a plan to sunset the Perps V1 markets. These markets have been in close-only mode for three months, but some positions still haven’t been closed. Necessary steps in deprecating Perps V1 and moving these last few traders to Perps V2 will begin.The liquidationBufferRatio will be raised by five percentage points per week for a duration of three months (Starting the week of June 5th ) . After this period, the liquidationBuffer...

Sunsetting Perps V1SCCP 2008 has passed, and with it goes into motion, a plan to sunset the Perps V1 markets. These markets have been in close-only mode for three months, but some positions still haven’t been closed. Necessary steps in deprecating Perps V1 and moving these last few traders to Perps V2 will begin.The liquidationBufferRatio will be raised by five percentage points per week for a duration of three months (Starting the week of June 5th ) . After this period, the liquidationBuffer...

TLDR:How Stop/Limit & market orders function on Kwenta and the execution processCurrent Constraints of the Advanced Order SystemUpgraded Smart Margin to use Pyth or Chainlink oracle prices to trigger conditional ordersIdentifying latency & working with Integrators to minimize execution timesIn the realm of DeFi, Kwenta is gaining popularity as a go-to platform for trading. One notable feature offered by Kwenta is the ability to utilize conditional orders, such as stop and limit orders. Howeve...

TLDR:How Stop/Limit & market orders function on Kwenta and the execution processCurrent Constraints of the Advanced Order SystemUpgraded Smart Margin to use Pyth or Chainlink oracle prices to trigger conditional ordersIdentifying latency & working with Integrators to minimize execution timesIn the realm of DeFi, Kwenta is gaining popularity as a go-to platform for trading. One notable feature offered by Kwenta is the ability to utilize conditional orders, such as stop and limit orders. Howeve...

The Grants Council in collaboration with developers at Bootnode is proud to announce the Kwenta Aggregation Terminal, now live at https://compare.kwenta.eth.limo. The Aggregation Terminal enables users to compare real time pricing, fees, funding, and liquidity across top exchanges. Using the Aggregation Terminal, users can plan their trades and find the best opportunity from one convenient dashboard. To use the dashboard, simply:Select long or shortEnter the size of your collateralEnter your ...

The Grants Council in collaboration with developers at Bootnode is proud to announce the Kwenta Aggregation Terminal, now live at https://compare.kwenta.eth.limo. The Aggregation Terminal enables users to compare real time pricing, fees, funding, and liquidity across top exchanges. Using the Aggregation Terminal, users can plan their trades and find the best opportunity from one convenient dashboard. To use the dashboard, simply:Select long or shortEnter the size of your collateralEnter your ...

At 2 AM UTC Friday, July 14th, 2023, a potential vulnerability was discovered by Kwenta smart contract engineers in the set of StakingV2 contracts that put newly minted inflationary rewards at risk. This was later validated by a proof of concept (PoC) test case. Relevant parties were alerted and gathered. Swift action was taken by the Kwenta protocolDAO (pDAO) to pause the StakingV2 contracts to secure staker funds. Analysis continued into the weekend, with auditors engaged, to fully understa...

At 2 AM UTC Friday, July 14th, 2023, a potential vulnerability was discovered by Kwenta smart contract engineers in the set of StakingV2 contracts that put newly minted inflationary rewards at risk. This was later validated by a proof of concept (PoC) test case. Relevant parties were alerted and gathered. Swift action was taken by the Kwenta protocolDAO (pDAO) to pause the StakingV2 contracts to secure staker funds. Analysis continued into the weekend, with auditors engaged, to fully understa...

We are thrilled to announce that our partners over at Socket, a cutting-edge interoperability platform that seamlessly transfers assets and data across various networks, have teamed up with Kwenta to issue $OP rewards for users that bridge assets to the Optimism network through the Kwenta integration.Bridging to Optimism on Kwenta will now practically cost ZERO! 💸Our integration of Socket on Kwenta allows for effortless onboarding to Optimism from various chains, substantially improving our ...

We are thrilled to announce that our partners over at Socket, a cutting-edge interoperability platform that seamlessly transfers assets and data across various networks, have teamed up with Kwenta to issue $OP rewards for users that bridge assets to the Optimism network through the Kwenta integration.Bridging to Optimism on Kwenta will now practically cost ZERO! 💸Our integration of Socket on Kwenta allows for effortless onboarding to Optimism from various chains, substantially improving our ...

Hello, again, Traders Kwenta is ecstatic to announce that $stETH is joining the growing list of supported cryptocurrencies, commodities, and forex pairs available for trading through Kwenta on Layer 2 Optimism. 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 various crypto and non-crypto-asset derivatives. Trading for this new market has now been enabled a...

Hello, again, Traders Kwenta is ecstatic to announce that $stETH is joining the growing list of supported cryptocurrencies, commodities, and forex pairs available for trading through Kwenta on Layer 2 Optimism. 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 various crypto and non-crypto-asset derivatives. Trading for this new market has now been enabled a...

To get all the latest details on the roadmap items in this blog, join us Thursday, June 8th at 18:00 UTC for a live Community Call and AMA in Discord. Don’t miss it!In this article, we collect the key details of the Kwenta protocol in one place, simplifying the process of researching the DAO. Below you will find a breakdown of Kwenta’s state, growth, and future developments. If you would like to get involved with the project, jump to the bottom to find ways to join the DAO.What is Kwenta?Kwen...

To get all the latest details on the roadmap items in this blog, join us Thursday, June 8th at 18:00 UTC for a live Community Call and AMA in Discord. Don’t miss it!In this article, we collect the key details of the Kwenta protocol in one place, simplifying the process of researching the DAO. Below you will find a breakdown of Kwenta’s state, growth, and future developments. If you would like to get involved with the project, jump to the bottom to find ways to join the DAO.What is Kwenta?Kwen...