Kwenta Overview
- What is Kwenta?
Kwenta is a crypto derivatives platform that allows users to trade a wide range of synthetic assets, known as Synths, which mimic the value of real-world assets like cryptocurrencies, fiat currencies, commodities, and stock indices. Kwenta offers isolated margin, up to 50x leverage, and requires traders to deposit sUSD and has a $40 minimum deposit requirement to incentivize timely liquidations.
- Main Features
- Secure decentralized and non-custodialSupports a wide range of tokensStraightforward and user-friendlyBacked by hybrid of Chainlink and Pyth OraclesUp to 50x leverage and deep liquidity
Frequently asked questions
Kwenta charges a small fee for each trade, which is used to support the operations of the Synthetix network. These fees are variable and depend on the specific Synth and market conditions.
The leverage offered on Kwenta is up to 50.00x.
The unique markets offered on Kwenta include BNB (Binance), AXS (Axie), ETH (Ethereum), BTC (Bitcoin), LINK (Chainlink), SOL (Solana), AVAX (Avalanche), AAVE (Aave), UNI (Uniswap), MATIC (Polygon), APE (ApeCoin), DYDX (DYDX), OP (Optimism), and DOGE (Dogecoin).
Customer Reviews
Explore Top Apps
If you enjoy using Kwenta, you’ll love those Decentralized Finance apps.
Stay ahead in Web3!
The latest Ethereum and L2s apps, tools and resources, sent to your inbox.