DeFi Intel

KWENTA token

Token · PageRank 0.0022

Also known as: Kwenta Token

Overview

Kwenta is a decentralized derivatives trading platform built on the Optimism Layer 2 network. It enables permissionless trading of synthetic assets and perpetual futures. The KWENTA token is used for protocol governance and staking to earn a share of trading fees.

Within the DeFi Intel graph, KWENTA connects to 3 tracked entities, most strongly to OP Mainnet, Kwenta, Kwenta.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).

RelationConnected entityConfidence
deployed_onOP Mainnet85%
supports_tokenKwenta85%
issued_byKwenta85%

Frequently asked questions

What is Kwenta?

Kwenta is a decentralized derivatives trading platform built on the Optimism Layer 2 network that enables permissionless trading of synthetic assets and perpetual futures.

What chain does Kwenta run on?

Kwenta is deployed on OP Mainnet, which is the Optimism Layer 2 network.

What is the KWENTA token used for?

The KWENTA token is used for protocol governance and staking to earn a share of trading fees.