SCCP-182: Update Open Interest Limits
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2022-04-11 |
Simple Summary
This SCCP proposes to lower the MaxMarketValueUSD on futures markets to the following:
- On BTC to 3 million USD
- On ETH to 7 million USD
- On LINK to 3 million USD
Abstract
The MaxMarketValueUSD is the maximum amount of open interest available for a certain Futures Market.
Motivation
The primary motivation is to limit the possibility of latency arbitrage.
Copyright
Copyright and related rights waived via CC0.