How to start using Kwenta
- Buy or sell a growing number of synthetic assets
- Trade with up to 25x leverage
- Stake KWENTA to receive inflationary rewards (coming soon)
- Trade with low gas fees and near-instant transactions on Optimism
- Trading is 100% on-chain
- Chainlink oracle protected price data
You will need:
- Start trading!
Kwenta works different from traditional exchanges as it:
- 1.Price feeds come from decentralized Chainlink oracles
- 2.There is no order bookInstead, 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.