Ask about Kwenta
Logo of KwentaKwenta(KWENTA)

Key Metrics

Fees (Annualized)$12.86m
Cumulative Fees$21.77m

OP Mainnet$21.77m

Incentives 1y$33,647.6

$0

$0

$0

$20.53m

$121.766b

$KWENTA Liquidity$14,457

Velodrome V2$14,457

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.

Category:Derivatives

GitHubTwitter

Methodology

Fees: Fees paid by usersView code on GitHubPerp Aggregator Volume: Notional volume of all trades including leverage routed through the perp aggregatorView code on GitHub

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

Competitors

Derive V2 ($112.6m)Aevo Perps ($14.69m)MUX Perps ($8.36m)Contango V2 ($6.16m)Polynomial Trade ($4.75m)ApeX Pro ($1.43m)Perpetual Protocol ($428,175.27)Pika ($305,076.87)Jarvis Network ($271,730.75)Vest Markets ($226,308.08)

Frequently Asked Questions

What is Kwenta?

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.

What chains does Kwenta operate on?

Kwenta operates on OP Mainnet.

How does Kwenta's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Kwenta ranks #281 by TVL. The category holds $1.883b across 369 protocols, and Kwenta accounts for 0% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.