SCCP-239: Update OP-PERP Market Parameters

Author
StatusImplemented
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2022-10-21

Simple Summary

This SCCP proposes to update the OP-PERP market max open interest as per the below:

CurrencyKey Proposed OI Current OI
sOP 200k 100k

Abstract

The maxMarketValueUSD is the maximum amount of open interest allowed on each side of a market.

Motivation

Liquidity for OP-PERP is sufficient and utilization is high enough that an increase in open interest should be deemed acceptable. Additionally, the skew has been neutral for extended periods of time.

Copyright and related rights waived via CC0.