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About Kwenta
Kwenta is the leading trading interface for Synthetix perpetual futures. Built on Optimism, it offers zero-slippage perpetual trading using Synthetix's sUSD liquidity.
Because trades execute at oracle prices against Synthetix's debt pool, there's no slippage regardless of position size. This makes Kwenta attractive for large trades that would face significant slippage elsewhere.
The KWENTA token governs the platform and provides staking rewards. Kwenta has carved out a niche for traders valuing execution quality and large position capability.
Key Features
Zero Slippage
Oracle-based execution
Synthetix Powered
Built on Synthetix liquidity
Deep Liquidity
Large positions supported
KWENTA Token
Governance and rewards
Optimism Native
Low cost L2 trading
Advanced Orders
Limit, stop-loss, take-profit
Use Cases
Large Position Trading
Trade size without slippage
Perpetual Futures
Leveraged crypto trading
KWENTA Staking
Earn trading fee rebates
Hedging
Hedge with no slippage cost
Synthetix Integration
Part of Synthetix ecosystem
Project Info
Frequently Asked Questions
Kwenta uses Synthetix's oracle-based system. Trades execute at Chainlink oracle prices, not against an orderbook or AMM. The Synthetix debt pool absorbs all positions. This means no slippage but dynamic funding rates.
Kwenta is built on top of Synthetix's perpetuals infrastructure. Synthetix provides the liquidity and settlement layer. Kwenta is the trading interface. They're separate protocols but deeply integrated.
KWENTA is the governance token. Stake KWENTA for fee rebates on trading and earn staking rewards. KWENTA holders govern the frontend protocol while Synthetix governs the underlying infrastructure.
Both offer zero/low slippage via oracles. GMX uses GLP pool, Kwenta uses Synthetix debt pool. GMX is multi-chain, Kwenta is Optimism-focused. Kwenta is more specialized for large positions.
Kwenta inherits Synthetix's battle-tested infrastructure. Both protocols are audited. Risks include oracle failures, Synthetix debt pool issues, and standard leverage risks. Synthetix has operated since 2018.