{"componentChunkName":"component---src-pages-sccp-sccp-markdown-remark-frontmatter-sccp-tsx","path":"/sccp/sccp-358/","result":{"data":{"markdownRemark":{"fileAbsolutePath":"/vercel/path0/content/sccp/sccp-358.md","frontmatter":{"sip":null,"sccp":358,"title":"Deploy More Markets on Perps V3 Base and Arbitrum","network":"Arbitrum & Base","author":"Robin (@robin2192), Kaleb","type":"Governance","proposal":"https://snapshot.org/#/snxgov.eth/proposal/0x976a2073be711216096d5f442c2eeb9296c257c6bfc5f7d6109c9d65cb66fc28","implementor":null,"release":null,"created":"2024-10-11T00:00:00.000Z","updated":null,"status":"Implemented"},"html":"

Simple Summary

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This SCCP proposes to deploy the below markets on Perps V3 on Base and Arbitrum.

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Base Markets:

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MarketminimumInitialMarginRatioInitialMarginRatiomaintenanceMarginScalarskewScalemaxMarketSizemaxMarketValue
MKR5.00%0.5220.3349,0007301,000,000
POL5.00%0.4380.34640,250,0002,665,9601,000,000
MEW5.00%1.5970.3282,500,000,000123,319,7701,000,000
POPCAT5.00%2.8080.32820,250,000711,4901,000,000
EIGEN5.00%0.910.3344,000,000268,8201,000,000
WLD5.00%1.1680.33520,000,000428,6001,000,000
PEOPLE5.00%2.4030.334500,000,00011,341,7301,000,000
ZRO5.00%1.0370.3344,250,000237,8501,000,000
RENDER5.00%1.4670.3252,250,000179,6301,000,000
NOT5.00%1.140.3455,000,000,000118,077,7001,000,000
SATS5.00%0.9070.345100,000,000,000,0003,332,222,592,4701,000,000
IO5.00%0.6940.3346,000,000477,5501,000,000
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Arbitrum Markets:

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MarketminimumInitialMarginRatioInitialMarginRatiomaintenanceMarginScalarskewScalemaxMarketSizemaxMarketValue
ALGO5.00%5.190.36103,875,0005,953,850500,000
APT5.00%1.000.316,075,000352,3002,000,000
ARKM5.00%4.430.4411,000,000400,000500,000
ATOM5.00%2.490.3111,250,000329,3001,000,000
AXL5.00%2.850.3410,125,0001,000,000500,000
AXS5.00%0.880.314,218,750162,000500,000
BAL5.00%3.940.351,125,000377,600500,000
BLUR5.00%1.490.37100,000,0003,329,150500,000
BOME5.00%1.440.383,750,000,000229,513,9501,000,000
BONK5.00%2.550.371,600,000,000,000135,525,228,0002,000,000
COMP5.00%1.800.41241,87617,000500,000
DOT5.00%2.090.3215,000,000724,9502,000,000
ENA5.00%3.460.38102,000,0003,000,0001,000,000
EOS5.00%2.470.3372,000,0003,182,1501,000,000
ETC5.00%2.710.333,375,00080,7501,000,000
ETHBTC2.00%1.390.263,400,000,00072,226,5062,000,000
ETHFI5.00%2.120.3816,500,000300,000500,000
FIL5.00%1.810.2612,750,000812,1002,000,000
FLOW10.00%9.280.2815,000,0001,380,350500,000
FTM3.33%5.580.38118,000,0004,655,3502,000,000
FXS6.67%2.590.342,104,687371,700500,000
GALA5.00%1.290.351,125,000,00036,165,750500,000
GRT5.00%4.220.39112,500,0004,516,800500,000
ICP5.00%1.860.443,000,00091,100500,000
IMX5.00%1.950.408,400,000508,750500,000
INJ5.00%1.310.462,250,00073,5001,000,000
JTO5.00%1.490.388,000,000369,800500,000
JUP5.00%3.350.3733,750,000967,850500,000
LDO5.00%1.250.3421,000,000695,300500,000
MEME5.00%1.320.371,300,000,00073,846,350500,000
PENDLE5.00%2.450.376,000,000200,000500,000
SEI5.00%5.130.3971,000,0003,496,5001,000,000
SNX5.00%2.820.3910,200,000500,000500,000
STRK5.00%0.890.3740,000,0001,904,850500,000
SUI5.00%1.960.3455,000,0001,559,9502,000,000
SUSHI5.00%1.370.4016,000,0001,018,050500,000
TAO5.00%2.890.3732,5002,4501,000,000
TON5.00%2.890.3712,000,000576,8002,000,000
TRX5.00%1.880.28806,250,00019,348,6002,000,000
W5.00%3.870.3559,062,5002,000,000500,000
YFI5.00%1.490.392,125150500,000
MEW5.00%1.5970.3282,500,000,000123,319,7701,000,000
POPCAT5.00%2.8080.32820,250,000711,4901,000,000
EIGEN5.00%0.910.3344,000,000268,8201,000,000
WLD5.00%1.1680.33520,000,000428,6001,000,000
PEOPLE5.00%2.4030.334500,000,00011,341,7301,000,000
ZRO5.00%1.0370.3344,250,000237,8501,000,000
RENDER5.00%1.4670.3252,250,000179,6301,000,000
NOT5.00%1.140.3455,000,000,000118,077,7001,000,000
SATS5.00%0.9070.345100,000,000,000,0003,332,222,592,4701,000,000
IO5.00%0.6940.3346,000,000477,5501,000,000
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Aside from the above parameters , the perps markets will have the following configurations as well:

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Abstract

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The parameters configurations description is as follows:

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Motivation

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The main motivation is to bring the deployed markets on Base and Arbitrum to parity, while also launching additional markets with high caps to both, in order to fully showcase the feature set available with the V3 deploy.

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Copyright

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Copyright and related rights waived via CC0.

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