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+---
+sccp: 2021
+network: Optimism
+title: Update Perp Parameters - FTM Market
+author: Kaleb (@kaleb-keny)
+status: Vote_Pending
+created: 2023-07-10
+type: Governance
+---
+
+# Simple Summary
+
+This SCCP proposes to increase the `maxMarketValue` of the FTM market from 3 million to 6 million (1.5m$).
+
+# Abstract
+
+The parameter description is as follows:
+- The `maxMarketValue` is the maximum potential size of a given perp market on either the long or short side. 
+
+# Motivation
+
+The proposed change in the parameter should allow more trades to materialize on this market which has seen an increase in activity. Note that the parameters are still conservative vis-a-vis the open interest sizes seen on centralized exchanges (>25m$).
+
+# Copyright
+
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).