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+---
+sccp: 2031
+network: Optimism
+title: Update Perp Parameters - Increase CRV Max Market Value
+author: Kaleb (@kaleb-keny)
+status: Vote_Pending
+created: 2023-07-31
+proposal: >-
+  https://snapshot.org/#/snxgov.eth/proposal/0x86549fc07aefb3d8773db6c35c11b6c2452e85ec704321298026fecccf4248c4
+type: Governance
+---
+
+# Simple Summary
+
+This SCCP proposes to increase the CRV market's max market value from 1.5m to 3m.
+
+# Abstract
+
+The maxMarketValue is the max market value of the relevant market in the underlying currency
+
+# Motivation
+
+The main motivation is the recent surge in off chain crv liquidity and [open interest](https://www.binance.com/en/futures/funding-history/perpetual/trading-data), which allows us to increase the limit and remain conservative in our configurations.
+
+# Copyright
+
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).
+
+