How to start using Kwenta
Things you can do on Kwenta:
Buy or sell a growing number of synthetic assets
Trade with up to 25x leverage
Stake KWENTA to receive inflationary rewards (coming soon)
Benefits of using Kwenta
Trade with low gas fees and near-instant transactions on Optimism
Trading is 100% on-chain
Chainlink oracle protected price data
You will need:
Web3 wallet (See Getting Started with DeFi for help)
ETH for gas and sUSD to trade on the Optimism layer 2 network
Start trading!
Kwenta works different from traditional exchanges as it:
Price feeds come from decentralized Chainlink oracles
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
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