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 a podcast player, subscribe and listen to The Edge Podcast here: https://podcasters.spotify.com/pod/show/edgepod
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 LENS: https://lenster.xyz/u/defidad
✅ FOLLOW NOMATIC ON TWITTER: https://twitter.com/Nomaticcap
✅ FOLLOW 4RC ON LENS: https://lenster.xyz/u/4rcapital
------
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
05:57 - Andrew's background
07:58 - Synthetix throwback
10:00 - What is Kwenta
12:08 - How DeFi protects against FTX
13:04 - Differences compared to GMX, gTrade
15:17 - Smart Margin account
17:03 - Kwenta liquidity on L1/Optimism
18:04 - Challenges filling orders
22:00 - Stop-loss/take-profit orders
23:30 - Kwenta funding rate
25:35 - Kwenta funding rate history
26:08 - DeFiLlama Long-Short Strats for Kwenta
27:30 - Synthetix Perps OP / KWENTA rewards
28:57 - KWENTA staking
29:26 - Aggregation Terminal tool
30:32 - KWENTA token utility
33:40 - Andrew's Alpha
35:38 - 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.
Rodeyo
