| sip | network | title | author | status | created | type | proposal |
|---|---|---|---|---|---|---|---|
2049 |
Optimism |
Begin migrating offchain Perps v2 markets |
Cavalier (@cavalier-eth) |
Implemented |
2024-01-16 |
Governance |
Change forex and commodity markets to close-only, in preparation for migration to Perps v3.
Set maxMarketSize = 0 for AUD, XAG, GBP, EUR, XAU on Perps v2, so they become close-only.
Offchain assets require logic for trading hours that has proved unreliable - most recently falsely activating the forex and commodity perp markets on Christmas Eve.
| ASSET | AVERAGE WEEKLY OPEN INTEREST ($) |
|---|---|
| AUD | 83,708.89 |
| XAG | 151,738.34 |
| GBP | 204,196.55 |
| EUR | 214,073.98 |
| XAU | 640,473.19 |
| TOTAL | 1,294,190.95 |
These markets combined represent <1% of recent open interest on Perps v2.
Moving offchain markets to close only on Perps v2 will provide time for the offchain logic to be improved, before launching on Perps v3.
Set maxMarketSize = 0 for AUD, XAG, GBP, EUR, XAU on Perps v2. Traders will only be able to close positions, not open new ones.
N/A
Copyright and related rights waived via CC0.