SCCP-2079: Decrease DYDX Perp MaxMarketValue

Author
StatusImplemented
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2024-02-15

Simple Summary

This SCCP proposes to lower the DYDX perp v2 MaxMarketValue parameter, to 318,000 (1m$) from 1.9m (~6m$).

Abstract

maxMarketValue represents the maximum open interest allowed on either the long side or the short side of the perp market.

Motivation

The motivation is because of the on-going token migration that could cause price discrepancies between oracle providers.

Copyright

Copyright and related rights waived via CC0.