Kwenta Price
KWENTA
How Much is 1 Kwenta (KWENTA)
Convert KWENTA to your currency
Last Updated on Dec 27, 2025 01:29 PM
What is Kwenta?
About the coin
Kwenta is a decentralized derivatives trading platform that operates on the Optimism network. It leverages the Synthetix protocol to provide users with access to both real-world and on-chain synthetic assets. This allows traders to engage in derivatives trading without the need for a centralized intermediary, ensuring a more transparent and secure trading environment.
Main features
Kwenta's main features include the ability to trade a wide range of synthetic assets, which are tokenized representations of real-world assets. These synthetic assets can include commodities, fiat currencies, and cryptocurrencies, providing traders with diverse trading options. The platform is built on the Optimism network, which is known for its scalability and low transaction costs, making it an attractive choice for traders looking to minimize fees.
How it works
Kwenta utilizes the Synthetix protocol to create and manage synthetic assets. Users can trade these assets on the platform, benefiting from the liquidity and price feeds provided by the Synthetix network. The platform's integration with Optimism ensures fast and cost-effective transactions, enhancing the overall trading experience. By using smart contracts, Kwenta eliminates the need for traditional intermediaries, reducing counterparty risk and increasing transparency in the trading process.
Wallet for Kwenta
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Tangem supports networks for Kwenta
- Optimism
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Kwenta FAQ
- Kwenta is a cryptocurrency built on a decentralized network, enabling secure and transparent transactions. Its blockchain design supports various use cases depending on the project’s goals.
- Its main advantages include speed, accessibility, and compatibility with decentralized tools. The network is optimized to handle different types of operations.
- Yes. KWENTA is the trading symbol used to identify Kwenta on exchanges and charts.
- You can buy Kwenta from platforms offering card payments, bank transfers, or swaps. After buying, store it safely in a non-custodial wallet.
- Store Kwenta in a non-custodial wallet where you control your keys. Tangem hardware wallets offer strong offline security.
How to secure Kwenta with Tangem Wallet?
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Why choose Kwenta wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
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