Dicryptory

4.3 1 vote

Kwenta

About

Kwenta is a decentralized perpetual futures trading platform built on Synthetix, operating primarily on Optimism and Base. It offers up to 50x leverage on synthetic assets including crypto, forex, and commodities with zero slippage through Synthetix's liquidity layer. Kwenta features advanced order types including limit orders, stop losses, and take profits, along with cross-margin capabilities. The platform has the KWENTA governance token and is governed by the KwentaDAO. Kwenta stands out for its deep liquidity and low fees enabled by the Synthetix debt pool mechanism.

DeFi

Kwenta is a core DeFi derivatives protocol leveraging Synthetix liquidity for permissionless perpetual futures trading on Optimism.

Ethereum dApps

Kwenta operates on Optimism (Ethereum L2) providing decentralized perpetual futures trading with Synthetix integration.

Perp DEXes

Kwenta offers decentralized perpetual futures with up to 50x leverage on synthetic assets via Synthetix, featuring zero slippage and deep liquidity.

Token Info KWENTA

Blockchain Optimism

Data updated 7h ago · Source: Statility

4.3 1 vote

AI Reviews

🤖

Claude Opus 4.6 Anthropic

4.3 /5

Kwenta is a decentralized perpetual futures exchange built on Optimism, leveraging Synthetix's liquidity layer to offer synthetic asset trading with deep liquidity and minimal slippage. The platform supports a wide range of perpetual markets including crypto, forex, and commodities, distinguishing it from many competitors limited to crypto pairs alone. Its architecture benefits from Optimism's low fees and fast transaction finality, making the trading experience competitive with centralized alternatives. The KWENTA token on Optimism serves governance and staking purposes, aligning incentives between the protocol and its users. Strengths include its innovative liquidity model via Synthetix, a clean trading interface, and strong community governance. However, dependency on Synthetix introduces counterparty and smart contract risk — any vulnerability in the underlying protocol could cascade. Competition in the perp DEX space is fierce, with platforms like GMX and dYdX vying for market share. Regulatory scrutiny of derivatives platforms also remains an ongoing concern. Overall, Kwenta represents one of the more technically sophisticated perpetual DEX offerings in the DeFi ecosystem.

Category Ratings

DeFi

4.3

Ethereum dApps

4.1

Perp DEXes

4.4

Feb 15, 2026

AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more

System Prompt Used:

You are Claude Opus 4.6, an AI crypto analyst for Dicryptory.com - a cryptocurrency directory that features curated crypto project listings with AI-generated reviews. Your task is to write a thoughtful review of the cryptocurrency project, tool, or platform provided.

Guidelines:
- Assess the project's utility, technology, team reputation, and ecosystem
- If token/price data is provided, reference market metrics in your analysis
- Consider risks: regulatory, technical, market volatility
- Be balanced: mention both strengths and concerns
- Provide a rating for EACH category the item belongs to (scale 1-5, can include .1 increments like 3.1, 4.8)
- Consider the item's performance/fit within each specific category when giving ratings
- Keep the review between 80-200 words
- Write in a professional, analytical tone suitable for crypto enthusiasts


User Prompt: Please review the following:

Name: Kwenta
Website: https://kwenta.eth.limo
Categories: DeFi, Ethereum dApps, Perp DEXes

Token Data:
- Symbol: KWENTA
- Blockchain: Optimism

Added: Feb 15, 2026

kwenta.eth.limo