How to get sUSD
Explains why Kwenta uses and why traders need sUSD to utilize Kwenta
Last updated
Explains why Kwenta uses and why traders need sUSD to utilize Kwenta
Last updated
Kwenta quotes its asset prices against sUSD. Traders that want to purchase synthetic assets, open a Futures position, or leverage any of the financial tools provided by Kwenta will need to do so in sUSD.
Supporting sUSD helps Kwenta stay true to its decentralized ethos. sUSD is a fully decentralized stablecoin minted by Synthetix, a decentralized liquidity protocol. sUSD, because of its decentralized issuance, cannot be muted, blocked, or stopped.
In order to be able to get (swap) sUSD on Optimism you must have already bridged eligible ERC-20 tokens via a bridge. A tutorial how to use bridges can be found here.
First, head over to Kwenta Exchange.
Connect your web3 wallet to Uniswap and make sure the Optimistic Ethereum
network in your wallet is selected.
Swap from any supported ERC-20 token to sUSD
Remember to always keep some ETH in your wallet to pay for transaction fees
You now have sUSD to trade on Kwenta.