Motivation

Simple Summary

Change low utilization markets to close-only, in preparation for migration to Perps v3.

Abstract

Set maxMarketSize = 0 for ONE, STETHETH, ZIL, , FLOKI, ZEC, ANKR, KNC, 1INCH, ZRX, CELO, on Perps v2 so they become close-only.

Motivation

At time of writing ONE, STETHETH, ZIL, FLOKI, ZEC, ANKR, KNC, 1INCH, ZRX, CELO have <$10k weekly average open interest.

ASSET	AVERAGE WEEKLY OPEN INTEREST ($)
ONE	0
STETHETH	265.77
ZIL	1,224.34
FLOKI	1,367.84
ZEC	1,541.76
ANKR	4,194.43
KNC	5,418.40
1INCH	6,053.35
ZRX	6,570.84
CELO	8,860.61
TOTAL	35,497.34

These markets combined represent approximately <0.4% of recent open interest on Perps v2.

Specification

Rationale

With Perps v3 live on Base, low utilization Perps v2 markets can be wound down in anticipation of migrating to v3.

Technical Specification

Set maxMarketSize = 0 for ONE, STETHETH, ZIL, FLOKI, ZEC, ANKR, KNC, 1INCH, ZRX, CELO on Perps v2. Traders will only be able to close positions, not open new ones.

Test Cases

N/A

Configurable Values (Via SCCP)

Copyright

Copyright and related rights waived via CC0.