Kwenta Documentation
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  • 🥂Welcome to Kwenta
  • Getting Started
    • How to start using Kwenta
    • Introduction
    • Getting started on Optimism
    • How to get sUSD
    • Access Kwenta
      • Installing the IPFS Companion to Access Kwenta
      • Backup RPCs
      • Withdrawing from v2 Isolated Margin using Optimistic Etherscan
  • Using Kwenta
    • Futures on Kwenta
    • Jargon
    • Synthetix Isolated Margin
      • Funding
        • Technical Details
      • Delayed Orders
      • Maker/Takers on Kwenta
      • Leverage
      • Liquidations
      • Initial/Maintenance Margin
      • One-Click Trading
        • Onboarding to 1CT
        • FAQ
      • Smart Margin
        • Dashboard Overview
        • Futures UI Overview
        • Get Started with Smart Margin
          • Withdrawing sUSD & ETH
          • Opening/Closing Positions
          • Conditional Orders
            • Limit Orders
            • Stop-Loss Orders
          • FAQ
      • Delegated Trading
        • Getting started
        • Managing Delegates
        • Accessing Accounts Delegate to You
      • Fees
      • Referral Program
        • The Traders Tab
        • The Affiliates Tab
        • Incentive Tiers and Rewards
      • FAQ
    • Perennial Isolated Margin
      • Perennial Intro
        • Market Design
        • Oracles
        • Payoff & Positions
        • Trading Fees and Price Impact
        • Funding Rate
        • Interest Rate
        • Leverage & Liquidations
        • Collateral
        • CodeBase
      • Bridging to Arbitrum
      • Trading on Perennial
        • Dashboard Overview
        • Futures UI Overview
        • Opening/Closing Positions
        • Advanced Orders
          • Limit Orders
          • Stop-Loss Orders
      • Gasless Trading
        • Onboarding to 1-Click-Trading
        • FAQ
  • Kwenta Token
    • Staking KWENTA
      • How to stake KWENTA
      • Escrow and Vesting
      • Transferring Escrow Entries
    • Claiming Rewards
    • Trading Rewards
  • DAO
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      • Contributing to the Kwenta Frontend
        • Troubleshooting
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  • Developers
    • Deployed Contracts
      • V2 Futures Market Proxy Contracts
    • Verify Kwenta
    • Kwenta SDK
  • Resources
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    • Development progress Epoch 1 2024
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On this page
  • What is Smart margin?
  • Can I have positions open on Smart and Isolated Margin?
  • Is Smart Margin better than Isolated Margin?
  • How will a Smart Margin account affect my trading?
  • Is there a minimum deposit requirement?
  • Multiple advanced orders per Smart Margin account?
  • Are any fees charged if an advance order fails to execute?
  • What is account ETH balance?
  • Smart Margin fees

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  1. Using Kwenta
  2. Synthetix Isolated Margin
  3. Smart Margin
  4. Get Started with Smart Margin

FAQ

Smart Margin: Frequently Asked Questions

What is Smart margin?

Smart margin accounts are a unique Kwenta offering that allows traders to trade any market by using a single margin account. With smart margin accounts, traders can seamlessly trade different markets with fewer transactions and less hassle. Learn here how to trade Smart Margin.

Can I have positions open on Smart and Isolated Margin?

Yes, it is possible to open positions on the same market on both smart margin and isolated margin. Traders can have e.g. an ETH-PERP long position open on smart margin, switch to isolated margin and open a short on ETH-PERP, and manage them independently.

Is Smart Margin better than Isolated Margin?

Smart margin provides traders with powerful risk management tools, letting them tailor each position to their personal trading style with an optional fee rejection parameter. This allows traders to have orders rejected if the current dynamic exchange fee spikes beyond acceptable levels.

Under isolated market contracts, users are forced to risk all of the collateral in a single market they deposit and can only protect collateral from liquidation by completely withdrawing the collateral they wish to protect. With Smart Margin, traders are able to select the amount of collateral they are comfortable risking when opening a position while unused collateral will stay safe in the Smart Margin if liquidations should occur.

How will a Smart Margin account affect my trading?

By default, all Synthetix Futures contracts are isolated markets with no advanced order support, requiring traders to deposit and withdraw separately for each asset they wish to trade. With a Smart Margin account, traders can seamlessly trade different markets from a single account while receiving access to more advanced order types such as limit and stop market orders.

Is there a minimum deposit requirement?

The minimum deposit and position size value for Smart Margin accounts is 50 sUSD.

In addition, the minimum position size must be 50 sUSD without any leverage. If your order is below the 50 sUSD minimum, reduce your leverage and reattempt the trade.

Example: A 250 sUSD position order at 10x leverage will only require 25 sUSD in collateral, which will fail to execute. Reducing your leverage to 5x will now require 50 sUSD collateral (the minimum) to open a 250 sUSD position. Alternatively increasing your position size to 500 sUSD will also solve this.

Multiple advanced orders per Smart Margin account?

When Closing a Position

Traders can set as many limit or stop market orders as they want when closing an open position. So long the advanced orders do not exceed the current open position the advanced order will not reserve additional margin.

When Opening a Position

Traders can set as many limit or stop market orders up until their account margin is exhausted.

Are any fees charged if an advance order fails to execute?

No trade fees will be imposed unless the keeper has successfully executed a traders advanced order.

This excludes eth paid to the network as a transaction fee

What is account ETH balance?

Advanced orders such as limit and stop market are executed by Gelato Keepers. Keepers need ETH to pay for gas in order to submit transactions to the blockchain. These costs will be drawn out of your account ETH balance. Traders can withdraw their account eth balance at any time if they do not have any pending advanced orders open.

The minimum account ETH balance is 0.01 ETH. Anytime your account ETH balance is below this minimum, the next advanced order will automatically deposit enough ETH to bring it back to 0.01 ETH.

Smart Margin fees

Kwenta charges no additional fees for any of the tooling (advanced orders included); it provides outside of the required fees charged by our liquidity provider.

Order Type
Kwenta Fee
Keeper Fee

Trade Fee

0 bps

Dynamic depending on network gas prices, usually 2$

Limit

0 bps

Dynamic depending on network gas prices, usually 2$

Stop

0 bps

Dynamic depending on network gas prices, usually 2$

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Last updated 1 year ago

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