Bankless Review: Kwenta

We go hands on with the decentralized perpetuals trading platform
Jack Inabinet Jack Inabinet Nov 3, 20233 min read
Bankless Review: Kwenta
  • Want to capitalize on the frothy market conditions by utilizing leverage to increase your potential returns?
  • Are you looking to trade a variety of assets without exposing yourself to CEX solvency risk or turning over your KYC documents to a third party with questionable data security practices?

Then Kwenta may be the non-custodial trading solution for you!

This decentralized perpetuals trading platform on Optimism was built by the Synthetix team to serve as the frontend for their synthetic asset issuance protocol. Kwenta’s “Smart Margin” engine allows traders to use cross margin, allowing excess margin from one trade to satisfy the margin requirement of another and helping to reduce the risk of liquidation.

While there are many decentralized perpetual platforms that offer traders an alternative to unsafe CEX, today, we’re digging into Kwenta to unveil the platform’s pros and cons and provide you with our take on the trading experience. 👇👇👇

🤔 What We Think:

Citizen only

Upgrade to continue reading

  • Support the Bankless Movement
  • Premium Feed: Ad Free & Bonus Content
  • Daily Market Analysis & Research
  • Airdrop Hunter: Guided, Vetted Projects
  • Claimables: Find & Claim Airdrops + more
  • Private Discord w/ David & Ryan
Explore all the benefits
No Responses
Get the Full
Bankless Experience

Get exclusive access to this content, token insights, and airdrop insider access!

Early Access to Products

Token Hub

Premium Podcast Feed

Bankless Badge


Private Discord w/ David & Ryan

Exclusive Articles & Podcast

Early Access to Products

PLUS $976+ of value in Citizen Deals! Your citizenship awaits!

Become a Citizen

Already a citizen? Log In