SCCP-2054: Update Perps V2 Parameters
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2023-10-24 |
Simple Summary
This SCCP proposes to update the perps v2 parameters as per the below:
| Max Market Value | Current | Proposed | Proposed in $M | Cex OI in $M |
|---|---|---|---|---|
| LINK | 600,000 | 900,000 | 9.5 | 117 |
| SOL | 300,000 | 460,000 | 14.7 | 169 |
Abstract
MaxMarketValue is the maximum possible open interest on any given side of a perp market.
Motivation
While the motivation behind the changes on max market value levels are done in order to align the oi caps with historical utilization.
Copyright
Copyright and related rights waived via CC0.