SIP-2042: List BONK on Synthetix Perps

Author
StatusDraft
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
Created2023-11-27

Simple Summary

List Bonk on Synthetix Perps

Abstract

This is a proposal to list BONK perpetual futures on Synthetix Perps

Motivation

As a way to remain competitive, Synthetix should list new futures for traders to have exposure or hedge on Synthetix.

Specification

This is market data from Coingecko at 2023-11-27

Exchange Symbol Price Index Price Basis Spread Funding Rate Open Interest 24h Volume
Aevo 1000BONK-PERP $0.00 0.003732 USD 0.000% 1.59% 0.010% $1,292,495 $203,872.00
Gate.io (Futures) BONK_USDT $0.00 0.00000374 USDT -0.051% 100.0% 0.069% $935,435 $5,769,887.19
HTX Futures BONK-USDT $0.00 0.00000371 USDT -0.387% - 0.304% - $2,078,649.93
OrangeX Futures BONK-USDT-PERPETUAL $0.00 0.00000372 USDT -0.027% - -0.100% - $361,657.68
BitMEX (Derivative) 100BONKUSDT $0.00 0.000373 USDT -1.375% 16.59% 0.010% - $1,214.04

Rationale

BONK is a dog-themed memecoin on Solana.

Technical Specification

The perp market required Chainlink and Pyth price feed to be deployed on Optimism mainnet.

Test Cases

N/A

Configurable Values (Via SCCP)

{
    "makerFee": "",
    "takerFee": "",
    "takerFeeDelayedOrder": "",
    "makerFeeDelayedOrder": "",
    "takerFeeOffchainDelayedOrder": "",
    "makerFeeOffchainDelayedOrder": "",
    "maxLeverage": "",
    "maxMarketValue": "",
    "maxFundingVelocity": "",
    "skewScale": "",

    "nextPriceConfirmWindow": "",
    "delayedOrderConfirmWindow": "",
    "minDelayTimeDelta": "",
    "maxDelayTimeDelta": "",
    "offchainDelayedOrderMinAge": "",
    "offchainDelayedOrderMaxAge": "",
    "offchainPriceDivergence": ""
}

Copyright and related rights waived via CC0.