Kwenta is a decentralized perpetuals exchange built on OP Mainnet, offering users leveraged positions to synthetic assets that track the value of real-world and on-chain assets. Kwenta uses the Synthetix Network Token (SNX) for collateralization to mint synthetic assets, or Synths, that track the value of assets like cryptocurrencies, commodities, fiat currencies, and equities. Users can trade these Synths on Kwenta without the need for an intermediary. KWENTA is the native utility token of the Kwenta network.