List ORDI on Synthetix Perps
This is a proposal to List ORDI/sUSD Futures on Synthetix Perps.
ORDI is a BRC-20 token of Bitcoin Ordinals, which is a way of generating token by sending transaction inscribed with JSON within Ordinals specifiction. ORDI has a highly trade volume on many CEX.
Binance Spot ORDI/USDT Volume from Coingecko at 2023-12-08: $789,156,651 Binance Perp ORDI/USDT VOlume from Coingecko at 2023-12-08: $3,946,034,242.11 with $9,971,080 Open Interest. ORDI Perp DEX Volume:
To remain compeitive, Synthetix should list a highly-traded cryptocurrency for traders. Additionally, ORDI is a BRC-20 token which is on Bitcoin and not avaliable to trade on EVM-based network.
The market will be deployed with Chainlink and Pyth price feed.
The configurable values follows other Perps V2 market and will be update on separate SCCP.
Copyright and related rights waived via CC0.