Kwenta
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Protocol TVL
About 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.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Kwenta tokenomics and on-chain capital
Kwenta's governance or utility token carries a market capitalisation of $2.9M based on circulating supply at the latest DeFiLlama snapshot.
Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.
Security & Audits
Oracles supply external price data to on-chain contracts. Oracle compromise is a common attack vector — diversified providers reduce single-point-of-failure risk.
Protocol Profile
Kwenta is a Derivatives protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract.
Official Resources & Links
Verified external resources for Kwenta — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Derivatives protocols on Mantapex
Kwenta is one of 7 Derivatives protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Jupiter Perpetual Exchange, Hyperliquid HLP, Drift Trade, and 3 more. These peer protocols collectively secure $2.3B in deposits, giving you a frame of reference for whether Kwenta's own TVL is at the top, middle, or tail of the category.
Recent Kwenta news
Latest reporting from major crypto news outlets covering Kwenta.
- Blockworks
Synthetix perps DEX acquires Kwenta to unify ‘strategic priorities' of both protocols
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- Crypto Economy
Synthetix Proposes Kwenta Acquisition to Unify Its Exchange Ecosystem
TL;DR Synthetix has proposed acquiring Kwenta, an exchange derived from its ecosystem, to unify operations and enhance services. The acquisition values each KWENTA token at 17…
- Cryptonews
Synthetix Eyes Acquisition of Former Spin-Off Kwenta to Bolster DeFi Derivatives
DeFi protocol Synthetix is setting its sights on acquiring Kwenta, a derivatives exchange that emerged from Synthetix itself in 2020. The post Synthetix Eyes Acquisition of Former…
- Cryptopolitan
Kwenta Announces a Comprehensive 2024 Roadmap
Kwenta, renowned for its spot and perpetual contract trading services, has recently announced an ambitious and detailed roadmap for the year 2024. The roadmap, eagerly awaited by…
- Coincu
Kwenta Derivatives Exchange Suspends Staking Contract
Key Points: Kwenta, the popular derivatives trading platform, revealed that it has suspended its pledge contract following the discovery of a potential bug in the Stake v2…
- The Cryptonomist
The DeFi of Synthetix arrives on the Arbitrum blockchain with the Kwenta platform
Synthetix, a well-known DeFi protocol for synthetic assets, has just announced the launch of version V3 on the layer-2 blockchain of Arbitrum.
- Cointelegraph
Synthetix, Kwenta launch v3 perpetuals on Arbitrum
The v3 launch marks the DeFi protocol's first big product rollout after a governance overhaul in October.
- The Daily Hodl
DeFi Altcoin Defies Crypto Downtrend, Surges 51% This Week Amid Skyrocketing Trading Volume
An under-the-radar decentralized exchange (DEX) altcoin jumped by 20% on Friday, defying a nearly universal crypto market downtrend. Kwenta (KWENTA) is a derivatives DEX that…
Related protocols
Other DeFi protocols connected to Kwenta by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Derivatives protocols
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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