SCCP-2064: Update Perps V2 Parameters
SCCP-2064 proposes to update the perps v2 parameters as per the below:
Skew Scale
| Market | Current Scale | Proposed Scale | Current Slippage | Proposed Slippage | Cex Slippage |
|---|---|---|---|---|---|
| PERP | 18.75M | 9M | 37 | 77 | 41 |
| DYDX | 12M | 9M | 12 | 16 | 8 |
| SUI | 67.5M | 50.6M | 12 | 16 | 8 |
Slippage in bp per 100k$ trade
Max Market Value
| Market | Current MV | Proposed MV | Propose MV$ | Cex OI |
|---|---|---|---|---|
| DYDX | 1.6M | 1.9M | 6.5M | 19M |
| SUI | 1M | 2M | 1.25M | 52M |
Are you in favor of this decision?
Off-Chain Vote
sYES
8 SNX-SCT100%
iNO
0 SNX-SCT0%
Timeline
Dec 04, 2023Proposal created
Dec 04, 2023Proposal vote started
Dec 10, 2023Proposal vote ended
Dec 20, 2024Proposal updated