Synthetix | ForkLog

ForkLog 4 26.05.2025

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 The SIP-415 and DIP proposals to merge Synthetix and Derive have been mutually withdrawn following thoughtful discussion and community feedback.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 […]

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ForkLog 26 14.05.2025

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 […]

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ForkLog 13 21.04.2025

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 […]

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ForkLog 15 18.04.2025

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 […]

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ForkLog 26 11.01.2025

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.

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ForkLog 9 25.01.2024

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 […]

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ForkLog 6 12.12.2023

Synthetix token rises after inflation halt

The Synthetix DeFi community backed the SIP 2043 proposal to end SNX inflation. The token rose.

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ForkLog 5 24.05.2023

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.

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ForkLog 9 20.03.2023

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.

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ForkLog 5 23.02.2023

Synthetix launches third version of its protocol on Ethereum mainnet and Optimism

The Synthetix team launched the third version of the protocol on the Ethereum mainnet and the Layer-2 network Optimism.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 6 26.08.2022

Synthetix founder proposes limiting SNX issuance to 300 million

The founder of the DeFi platform Synthetix, Kain Warwick, has brought to the community a proposal to fix a cap on the SNX governance token at 300 million coins.

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ForkLog 17 14.02.2021

DeFi project Synthetix raises $12 million in round led by Paradigm and Coinbase Ventures

The Synthetix platform for synthetic assets raised $12 million in funding through a direct sale of native SNX tokens, according to Cointelegraph.

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#Synthetix