Kwenta

Kwenta

Decentralized perpetuals trading on Optimism — zero price impact, deep liquidity via Synthetix.

Launch Year
2021
Consensus
N/A (DeFi protocol)
Max Supply
313,373 KWENTA
Block Time
N/A
KWENTA
KWENTA
Kwenta
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap KWENTA Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Kwenta Price Chart

KWENTA / USD
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Data by CryptoCompare

About Kwenta

Kwenta is a decentralized perpetuals trading platform built on Optimism that uses Synthetix as its liquidity backend. Traders can open leveraged long and short positions on crypto assets (ETH, BTC, SOL, etc.) and commodities with no price impact — trades are settled against Synthetix's global debt pool rather than a traditional AMM. This gives Kwenta effectively infinite liquidity depth with price feeds from Chainlink and Pyth. KWENTA is the governance token with an exceptionally small supply of ~313,000 tokens. Stakers earn fees from Kwenta's trading volume plus additional KWENTA rewards.

History

2021
Kwenta launches as a Synthetix-powered trading interface on Optimism.
2022
Kwenta introduces perpetuals (futures) trading with cross-margin and up to 25x leverage.
2022
KWENTA token launches via airdrop to SNX stakers and Kwenta users.
2023
Kwenta integrates Pyth Network for faster price feeds; adds new trading pairs.
2024
Kwenta merges with Polynomial Protocol to form a combined perpetuals trading group.

How to Swap KWENTA

Swapping Kwenta (KWENTA) on SyntheticSwap requires no account or KYC. KWENTA is an Optimism Layer 2 token, supported by MetaMask (Optimism network), Rainbow, Trust Wallet, and Ledger. Open SyntheticSwap, select KWENTA, choose your desired output asset, enter your receiving wallet address, and confirm the floating rate. Optimism's fast finality means your swap settles quickly — the destination asset arrives directly in your wallet.

How to Store KWENTA

Store KWENTA in MetaMask or any Optimism-compatible EVM wallet. Access Kwenta's trading platform at kwenta.io to stake KWENTA and trade perpetuals.

Frequently Asked Questions