The Ultimate Guide to Trading Perps on Kwenta | Quick Hit

Andrew Trudel is a Core Contributor at Kwenta. In this episode of The Edge Podcast, we cover one of the top decentralized perps trading protocols in DeFi by trade volume. With over $3.7B in lifetime trade volume, Kwenta is on a path to realizing Synthetix Founder Kain Warwick's original vision for DeFi leverage trading to outcompete crypto centralized exchanges and legacy finance. Given the launch of a 20-week program for Synthetix Perps Optimism Trading in April, we break down all you need to know about how perps traders are earning weekly rewards in OP and KWENTA by trading on Kwenta, and other Synthetix powered perps trading platforms like Polynomial, dHEDGE, and Decentrex. ------ 📺 If you prefer video, watch episodes of The Edge Podcast on YouTube: https://www.youtube.com/playlist?list=PLNzMl-Xdbc4YfQcYdy96wgTAWoMr-3b-j THIS IS NOT A RECOMMENDATION OR ENDORSEMENT TO BUY ANY TOKEN OR NFT RELATED TO ANY PLATFORMS DISCUSSED. ------ 🌲 LINKTREE FOR THE EDGE PODCAST: https://linktr.ee/edge_pod 🔎 DISCOVER DEFI & WEB3 BLOG POSTS, PODCASTS, TUTORIALS: http://defidad.com/ ✅ FOLLOW DEFI DAD ON TWITTER: https://twitter.com/DeFi_Dad ✅ FOLLOW NOMATIC ON TWITTER: https://twitter.com/Nomaticcap ------ The Edge Podcast Sponsor Resources 🏗️ MANTLE | HIGH-PERFORMANCE ETHEREUM L2 WITH MODULAR DESIGN, LOW FEES, AND HIGH SECURITY https://linktr.ee/mantle.xyz ⚖️ KYBERSWAP | DECENTRALIZED EXCHANGE AGGREGATOR AND AMM https://kyberswap.com/?&utm_source=KOL&utm_medium=post&utm_campaign=defidad&utm_content=overview 📈 GTRADE | DECENTRALIZED LEVERAGE TRADING https://gains.trade/ 🥑 INSTADAPP | CHECK OUT THE NEW AVOCADO SMART CONTRACT WALLET https://avocado.instadapp.io/ ⛩️ UTOPIA | PAYROLL AND EXPENSE MANAGEMENT FOR DAOS https://www.utopialabs.com/ 🌊 STADER | MULTICHAIN LIQUID STAKING https://staderlabs.com/ 🚀 LIQUITY | UNSTOPPABLE ETH-BACKED STABLECOINS AND LEVERAGE https://www.liquity.org/ 🙋‍♀️ Interested to sponsor The Edge Podcast? Fill this out: https://hl6pu9d99u5.typeform.com/to/E3NY5Mqn ------ Topics Covered 00:00 - Intro 06:15 - Andrew's background 08:16 - Synthetix throwback 10:18 - What is Kwenta 12:26 - How DeFi protects against FTX 13:22 - Differences compared to GMX, gTrade 15:35 - Smart Margin account 17:21 - Kwenta liquidity on L1/Optimism 18:22 - Challenges filling orders 22:18 - Stop-loss/take-profit orders 23:48 - Kwenta funding rate 25:53 - Kwenta funding rate history 26:26 - DeFiLlama Long-Short Strats for Kwenta 27:48 - Synthetix Perps OP / KWENTA rewards 29:15 - KWENTA staking 29:44 - Aggregation Terminal tool 30:50 - KWENTA token utility 33:58 - Andrew's Alpha 35:56 - Closing ------ Guest Links Andrew on Twitter https://twitter.com/Andotlas Learn about Kwenta https://kwenta.eth.limo/ Follow Kwenta on Twitter https://twitter.com/Kwenta_io Kwenta's Guide to OP / KWENTA Trading Rewards https://mirror.xyz/kwenta.eth/8KyrISnjOcuAX_VW-GxVqxpcbWukB_RlP5XWWMz-UGk ------ 🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. DeFi Dad holds the KWENTA token as of this podcast recording. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research.