SCCP-2099: Increase PEPE Perp Cap
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2024-04-08 |
Simple Summary
This SCCP proposes to increase the PEPE market maxMarketValue from 275 billion (2.2m$) to 500 billion (4m$).
Abstract
the maxMarketValue is the maximum possible oi on each side of a given perp market.
Motivation
The motivation is to accommodate for the increase in oi on the PEPE market on v2x, which is near 99% utilization at the time of writing this SCCP.
Copyright
Copyright and related rights waived via CC0.