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Synthetix launches multi-collateral perps on Base amid revamp

[Dec 18, 2024 9:40 PM] The DeFi protocol also launched an in-house perpetuals trading app.

Synthetix’s Request To Spend 900,000 ARB Rejected: Will Arbitrum Price Recover?

[Sep 18, 2024 3:00 AM] Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program…

DeFi Protocol Synthetix To Launch Its Own Application Blockchain, SNAXChain

[Sep 6, 2024 3:00 AM] Decentralized finance (DeFi) protocol Synthetix (SNX) is working toward launching its application blockchain, dubbed SNAXChain, according to a blog post published on September 4, 2024. Synthetix SNAXChain To Launch On Optimism’s Superchain…

Altcoins Shows Buy Signals, Massive Opportunity Beckons: Analyst

[Mar 20, 2024 9:00 AM] As the price of Bitcoin (BTC) continues to demonstrate a major fall in valuation, indicating a gloomy attitude toward the crypto asset, the bulls in the market are hopeful that the market will soon enter another Season for Altcoins. Altcoins…

Synthetix (SNX) Drops 18% As Crypto Market Cools Down – Details

[Dec 18, 2023 3:16 AM] The market is currently experiencing an enormous pullback after nearly a month of continuous gains. According to Coingecko, the broader crypto market is down nearly 3% as major cryptocurrencies like Bitcoin, Ethereum, and XRP drop from year-to-date…

Synthetix (SNX) Shines As TVL Hits $670M, Analyst Predicts Continued Upswing

[Nov 22, 2023 9:00 PM] Synthetix (SNX), currently positioned as the 54th largest cryptocurrency, has been closely aligned with the overall market trend. Over the past 30 days, SNX has experienced a substantial uptrend of 60%, while its year-to-date performance shows an…

Bitcoin’s Plunge Below $29K Triggers $92 Million in Derivatives Liquidations; Crypto Markets Tremble

[Aug 1, 2023 10:00 AM] As bitcoin dipped below the $29K threshold and the overall crypto economy experienced a 1.4% decrease to $1.17 trillion, cryptocurrency derivatives markets underwent $92 million in liquidations, primarily in long positions. Cascading Effect…

Synthetix (SNX) Up By 35% In Anticipation Of New Decentralized Exchange

[Jul 16, 2023 6:34 AM] SNX, the native token of the Synthetix Network, has been on the rise, gaining more than 35% in the past week. The cryptocurrency continues to exhibit strong bullish momentum, having registered a positive market performance over the past few weeks…

XRP’s Rise Causes Ripple of Gains in Crypto Economy

[Jul 14, 2023 11:30 AM] Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from…

Synthetix (SNX) Holds Monthly Gains As Broader Market Plummets

[Mar 7, 2023 9:50 AM] Since the crypto market sentiment turned bearish after a few weeks of improvement, many cryptocurrency prices have retraced. Many coins have barely held their gains, while others have surrendered the past month’s gains to the bears. Even the…

Synthetix (SNX) Scores 15% In A Week, Will It Test $3?

[Mar 2, 2023 8:30 AM] Although down by 4% at press time, Synthetix (SNX) now draws near $3 after scoring above 15% in a week despite the looming recession in the market. The coin is among the gaining cryptocurrencies in the bearish market. However, whether the coin…