Synthetix launches multi-collateral perps on Base amid revamp
[Dec 18 9:40 PM] The DeFi protocol also launched an in-house perpetuals trading app.
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Mass, Synthetix to launch mobile DeFi perps trading app
[Dec 12 3:39 PM] The product is part of Synthetix's ongoing effort to revamp after a governance overhaul in October.
Synthetix, Kwenta launch v3 perpetuals on Arbitrum
[Oct 24 1:00 PM] The v3 launch marks the DeFi protocol’s first big product rollout after a governance overhaul in October.
Synthetix activist investor ‘overhaul’ gathers 99% approval from SNX holders
[Oct 1 6:00 AM] A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members.
Synthetix’s Request To Spend 900,000 ARB Rejected: Will Arbitrum Price Recover?
[Sep 18 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…
New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps
[Sep 6 8:09 PM] Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.
DeFi Protocol Synthetix To Launch Its Own Application Blockchain, SNAXChain
[Sep 6 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…
Synthetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout
[Aug 23 6:12 PM] Synthetix faces fierce competition on the DeFi-oriented layer 2.
Synthetix Founder Have Donated Funds to Beleaguered Ex-Treasurer: EmberCN
[Aug 7 11:54 AM] On-chain data shows that Synthetix founder Kain unlocked $6.5 million from the company's treasury and donated $86k to SynthaMan, the company's former treasurer that was liquidated during last week's market plunge.
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
[May 17 7:47 AM] According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin…
Memecoins’ mass appeal makes it valuable to DEXs: Kain Warwick
[May 2 10:44 PM] Memes might be the “most simplistic connection” between financialization, tokenization and culture, says Kain Warwick.
Whale Rapidly Accumulating Chainlink: What’s Going On With LINK?
[Feb 6 1:00 PM] A mysterious whale is rapidly accumulating Chainlink (LINK). According to Lookonchain, the unknown entity, possibly an institution, withdrew over 2.2 million LINK (worth $42.38 million) via 47 new wallets from Binance, the world’s largest…
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…
Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
[Sep 4, 2023 4:15 AM] The native token of decentralized liquidity platform Synthetix (SNX), rose by 12.5% during European hours on Monday following significant outflows on Binance.
Bitcoin’s dull price action ignites buying interest in LINK, FIL, SNX and THETA
[Jul 23, 2023 12:10 PM] LINK, FIL, SNX and THETA are starting to look bullish right as Bitcoin prepares for a volatile price move.
Chainlink's Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live
[Jul 17, 2023 10:00 AM] This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk.
Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH
[Jul 17, 2023 9:10 AM] The U.S. bankruptcy court granted the crypto lender permission to sell its altcoin holdings for BTC and ETH starting in July.
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…
Synthetix takes on counterparty risks with Infinex derivatives exchange
[Jul 15, 2023 3:56 AM] The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX).
Crypto Market Rises by $30B in 48 Hours — Bitcoin Cash Leads With 88% Weekly Gain
[Jun 25, 2023 8:30 AM] On Sunday, June 25, the cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion. Bitcoin has surged 15% in the past week, while ethereum has risen over 10%…
Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market
[Jun 1, 2023 1:07 PM] The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform.
Decentralized exchange GMX votes to use Chainlink low-latency oracles
[Apr 24, 2023 11:39 PM] A Chainlink exec said the oracles will improve GMX’s security by providing a more “strong degree of tamper-resistance when settling user trades.”
Crypto Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
[Apr 14, 2023 11:15 AM] DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a…
Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign
[Mar 31, 2023 12:05 PM] Synthetix generated more than $730K in fees on March 30 ahead of the start of its allocation of 200,000 OP tokens to traders.
Synthetix nets $20M from Web3 quant trading firm
[Mar 20, 2023 6:29 AM] Derivatives liquidity protocol Synthetix seals new partnership with DWF Labs, landing a $20 million investment from the quantitative trading firm.
Market Maker DWF Labs Invests $20M in Derivatives Trading Platform Synthetix
[Mar 20, 2023 4:30 AM] DWF Labs purchased $15 million worth of Synthetix's native token SNX on March 16 with a further purchase of $5 million to follow.
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…