SCCP-2163: Deprecate low usage perp markets
| Author | Cavalier |
|---|---|
| Status | Draft |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2025-05-19 |
Simple Summary
This SCCP proposes to deprecate markets with $0 volume in the past 7 days. The market affected is the USDT market which has not seen any volume in recent months.
Abstract
Removing these market entails removing them from FuturesMarketManager contract. In parallel, the margin locked up in this contract will be sent to treasury who in turn handle the disbursement to the relevant traders.
Motivation
The motivation is the gradual deprecation of low utilization markets on V2, as Synthetix shifts focus to its roadmap priorities and reallocates resources away from legacy products.
Copyright
Copyright and related rights waived via CC0.