In this episode of The Edge Podcast, we cover one of the top decentralized perps trading protocols in DeFi by trade volume. With over $3.7B in lifetime trade volume, Kwenta is on a path to realizing Synthetix Founder Kain Warwick's original vision for DeFi leverage trading to outcompete crypto centralized exchanges and legacy finance. Given the launch of a 20-week program for Synthetix Perps Optimism Trading in April, we break down all you need to know about how perps traders are earning weekly rewards in OP and KWENTA by trading on Kwenta, and other Synthetix powered perps trading platforms like Polynomial, dHEDGE, and Decentrex.

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Topics Covered

00:00 - Intro

06:15 - Andrew's background

08:16 - Synthetix throwback

10:18 - What is Kwenta

12:26 - How DeFi protects against FTX

13:22 - Differences compared to GMX, gTrade

15:35 - Smart Margin account

17:21 - Kwenta liquidity on L1/Optimism

18:22 - Challenges filling orders

22:18 - Stop-loss/take-profit orders

23:48 - Kwenta funding rate

25:53 - Kwenta funding rate history

26:26 - DeFiLlama Long-Short Strats for Kwenta

27:48 - Synthetix Perps OP / KWENTA rewards

29:15 - KWENTA staking

29:44 - Aggregation Terminal tool

30:50 - KWENTA token utility

33:58 - Andrew's Alpha

35:56 - Closing

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Guest Links

Andrew on Twitter

https://twitter.com/Andotlas

Learn about Kwenta

https://kwenta.eth.limo/

Follow Kwenta on Twitter

https://twitter.com/Kwenta_io

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🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/

All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. DeFi Dad holds the KWENTA token as of this podcast recording. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research.