| sccp | network | title | author | status | proposal | created | type |
|---|---|---|---|---|---|---|---|
2058 |
Optimism |
Update Perps V2 Parameters |
Kaleb (@kaleb-keny) |
Implemented |
2023-11-15 |
Governance |
This SCCP proposes to update the perps v2 parameters as per the below:
| Market | Current Scale | Proposed Scale | Current Slippage | Proposed Slippage | Cex Slippage |
|---|---|---|---|---|---|
| RUNE | 12,750,000 | 4,250,000 | 7 | 21 | 15 |
Slippage in bp per 100k$ trade
Below is a description of the parameter changes propopsed in the SCCP:
MaxMarketValueis the maximum possible open interest on any given side of a perp market.
The proposed parameter changes on skew scale aim at increasing the incentive on arbitrageurs to arbitrage the skew by targeting an effective liquidity comfortably below liquidity available on centralized exchanges.
Copyright and related rights waived via CC0.