Kwenta(KWENTA)

Key Metrics

Cumulative Fees$21.77m

Cumulative Fees by chain

OP Mainnet$21.77m

Incentives 1y$13,703

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$20.53m

Cumulative Perp Aggregator Volume$121.766b

Total Raised$6.91m

Feb 28, 2022$6.91mRound:

Protocol Information

Kwenta is a decentralized derivatives trading platform offering perpetual futures and options trading on Optimism. Gain exposure to a variety of on-chain and real-world assets, and access advanced functionality through the Kwenta Smart Margin Wallet.

GitHub X/Twitter

Category:Derivatives

Methodology

Fees: Fees paid by users Perp Aggregator Volume: Notional volume of all trades including leverage routed through the perp aggregator

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Competitors

Aevo Perps ($14.74m)Contango V2 ($7.13m)Derive V2 ($295,067)Vest Markets ($211,043)Lynx ($171,528)Mummy Finance ($55,169)UniDex Perp ($27,858)Everstrike ($52.05)LogX V2 ($41.15)Apex Omni ($29.75m)

Frequently asked questions

What chains does Kwenta operate on?

Kwenta operates on 3 chains: OP Mainnet, Arbitrum, and Base.

How does Kwenta's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Kwenta ranks #299 by TVL. The category holds $1.973b across 426 protocols, and Kwenta accounts for 0% of that total. Similar protocols include Aevo Perps, Contango V2, Derive V2, Vest Markets, Lynx, Mummy Finance, UniDex Perp, Everstrike, LogX V2, and Apex Omni.