How to start using Kwenta

Things you can do on Kwenta:

  • Buy or sell a growing number of synthetic assets (Synths)
  • Trade with up to 10x leverage
  • An additional shorting mechanism that lets traders take advantage of downward price action without the use of Futures via a borrowing and lending mechanism
  • Stake KWENTA to receive inflationary rewards

Benefits of using Kwenta

  • Trade with low gas fees and near instant transactions (courtesy of Optimism L2 network)
  • Trading is 100% on-chain and permission-less
  • Enjoy low maintenance margin requirements on our Futures platform
You will need:
Kwenta works different from traditional exchanges as it:
  1. 1.
    Price feeds come from decentralized Chainlink oracles
  2. 2.
    There is no order book
Instead, trades executed on Kwenta leverage the Synthetix debt pool (a huge pool of liquidity). This ensures that traders have the liquidity they need at any price point to execute trades. This model requires a liquid and immutable stable coin such as sUSD.

To start trading, visit Kwenta