Synthetix Announces Return of Perps to Ethereum Mainnet
The DeFi platform for synthetic assets, Synthetix, is set to launch its decentralized exchange (DEX) for perpetual options, Perps, on the Ethereum mainnet.News about the Synthetix blockchain project and cryptocurrency (SNX).
Synthetix Announces Return of Perps to Ethereum Mainnet
The DeFi platform for synthetic assets, Synthetix, is set to launch its decentralized exchange (DEX) for perpetual options, Perps, on the Ethereum mainnet.
Synthetix and Derive Call Off $27 Million Merger
The DeFi platform for synthetic assets, Synthetix, and the decentralized options protocol, Derive (formerly Lyra), have abandoned their $27 million merger deal. The SIP-415 and DIP proposals to merge Synthetix and Derive have been mutually withdrawn following thoughtful discussion and community feedback. This moment reaffirms our independent path and the community’s belief in it. Derive […]
Synthetix to Reintegrate Derive Options Protocol in $27 Million Deal
The team behind the DeFi platform for synthetic assets, Synthetix, has proposed the acquisition of a former ecosystem project—the decentralized options protocol Derive (formerly Lyra). As part of our full-force drive towards Synthetix v4 on Ethereum mainnet, a new proposal has just dropped: Synthetix to acquire @derivexyz Perps & options Exchange https://t.co/wC7jRyCJqR… Let’s break it […]
Synthetix Founder Threatens Stakers Over sUSD Depreciation
Kain Warwick, the founder of Synthetix, has vowed to increase pressure on SNX token holders to compel them to use a new staking mechanism aimed at restoring the peg of the stablecoin sUSD. Update on the sUSD depeg. We have implemented an sUSD staking mechanism but it’s very manual until the UI goes live in […]
sUSD Stablecoin Dips Below $0.7: Synthetix Offers Explanation
On April 18, the price of the sUSD stablecoin from the DeFi synthetic asset platform Synthetix plummeted to a local low of around $0.68. At the time of writing, the coin had recovered to $0.73. Data: CoinGecko. The asset has repeatedly lost its peg to the dollar throughout its existence. In March 2020, the price […]
Synthetix to phase out Arbitrum in favour of Base
The team behind Synthetix, a DeFi platform for synthetic assets, announced a gradual phase-out of support for perpetual contracts on the Arbitrum L2.
Synthetix Unveils Third Version of Protocol on Base
The DeFi platform for synthetic assets, Synthetix, has launched the third version of its perpetual derivatives protocol on the Ethereum layer-two network, Base. Derivatives protocol @synthetix_io has launched a perpetuals exchange on @base? Perps V3 gives traders the option of using USDC as collateral. Read more:https://t.co/cpGZrJZUiM pic.twitter.com/cXOvbNJ1XG — The Defiant (@DefiantNews) January 24, 2024 Perps […]
Synthetix token rises after inflation halt
The Synthetix DeFi community backed the SIP 2043 proposal to end SNX inflation. The token rose.
Synthetix token climbs on founder’s proposals
Kane Warwick, founder of the DeFi platform Synthetix, has presented 12 proposals for improving the project to take it to the next stage of development.
DWF Labs Invests $20 Million in DeFi Protocol Synthetix
The Synthetix platform for synthetic assets attracted $20 million from investment firm DWF Labs through a direct sale of native SNX tokens. CoinDesk reports.We use cookies to improve the quality of our service.
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