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sccp-2079.md

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sccp network title author status created proposal type
2079
Optimism
Decrease DYDX Perp MaxMarketValue
Kaleb (@kaleb-keny)
Implemented
2024-02-15
Governance

Simple Summary

This SCCP proposes to lower the DYDX perp v2 MaxMarketValue parameter, to 318,000 (1m$) from 1.9m (~6m$).

Abstract

maxMarketValue represents the maximum open interest allowed on either the long side or the short side of the perp market.

Motivation

The motivation is because of the on-going token migration that could cause price discrepancies between oracle providers.

Copyright

Copyright and related rights waived via CC0.