SCCP-287: Increase OI Perp Caps on ETH and BTC

Author
StatusImplemented
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2023-03-07

Simple Summary

Increase the maxMarketValue on ETH to 10,000 and BTC to 1,000, from 8,000 and 800 respectively.

Abstract

The maxMarketValue is the maximum amount of open interest allowed on long and short positions in perp markets.

Motivation

The main motivation is to increase the capacity on both the ETH and BTC markets as they are both near their current oi caps.

Copyright and related rights waived via CC0.