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Synthetix is pleased to announce the addition of Lido Finances' stETH as the latest asset for leverage trading on Synthetix Perps. This new perpetual futures market “has been approved by SIP 2021 and had parameters set in SCCP 2015.
The emergence of Decentralised Autonomous Organisations (DAOs) on the blockchain has been a game-changer, ushering in a new era of decentralized community administration.
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.
Bridging platform Multichain suffers downtime as TradFi rates arrive on Avalanche — find out about these and more in our weekly DeFi roundup.
Volumes at Synthetix surpassed it's nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag.
Synthetix made an important announcement about extending its perps support for seven cryptocurrencies. However, SNX was the victim of some selling pressure in the last 24 hours.
Decentralized finance (DeFi) protocol Synthetix could potentially burn a significant percentage of its supply if the project moves forward with a proposal from its founder. In a new blog update, Synthetix creator Kain Warwick lays out 12 different suggestions or opportunities for the project moving forward.
Kane Warwick, the founder of Synthetix, has announced twelve proposals to incentivize the next phase of the project.
The market today sees Conflux (CFX), Kava (KAVA), Render Token (RNDR), NEO, Immutable X (IMX), and Synthetix (SNX) steering through the tumultuous tides as the top gainers, while Leo Token (LEO), Injective Protocol (INJ), Rocket Pool (RPL), Pax Gold (PAXG), USD Digital (USDD), and Frax Share (FXS) are charting through choppy waters as they face market declines.
Synthetix (SNX) has been on many traders' watchlists since the start of May as the Decentralized Finance (DeFi) protocol appears to be pricking the interest of investors in recent times. Synthetix has been recording a slow and steady run in the price of its native token, which has placed its price at $2.45, up by 3.19% over the past 24 hours.
PEPE coin mania is fueling intense rallies across the altcoin landscape in May. SNX is soaring Thursday after a proposal to add support for PEPE to the Synthetix blockchain.
SNX surged overnight as the Synthetix community weighs integrating the popular meme cryptocurrency PEPE into its DeFi offering.
Today's cryptocurrency market features Render Token (RNDR), Synthetix (SNX), Mask Network (MASK), Axie Infinity (AXS), Optimism (OP), and Lido DAO Token (LDO) as the top gainers. On the contrary, Pepecoin (PEPE), Conflux (CFX), Casper (CSPR), Ripple (XRP), Decentraland (MANA), and Toncoin (TON) are on the losing end.
Today's cryptocurrency market showcases Stellar (XLM), XinFin Network (XDC), Dai (DAI), and Binance USD (BUSD) as the top gainers, while Pepe Coin (PEPE), Lido DAO Token (LDO), Injective Protocol (INJ), Optimism (OP), Sui (SUI), Frax Share (FXS), and Synthetix (SNX) have faced losses.
Today's cryptocurrency landscape features Stacks (STX), Synthetix (SNX), Rocket Pool (RPL), dYdX, Tron (TRX), and Curve DAO Token (CRV) as the top gainers, while Immutable X (IMX), Flare (FLR), VeChain (VET), Hedera Hashgraph (HBAR), Maker (MKR), and Aptos (APT) have encountered losses.
The past week has led to stagnation across the cryptocurrency market for the most part, with a majority of assets moving minutely in either direction
Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. Zilliqa, LEO, Arbitrum, BSV, and BNB have emerged as the top gainers of the day, while Conflux, OKB, FTM, SNX, and APT are the top losers.
Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. Frax Share, Conflux, 1INCH, LEO, and BSV have emerged as the top gainers of the day, while SNX, CSPR, RPL, RNDR, and BitTorrent are the top losers.
Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. BitTorrent, Synthetix, GUSD, DAI, and Tether have emerged as the top gainers of the day, while AGIX, ICP, CFX, dYDX, and RPL are the top losers.
Synthetic launched its new Perps Optimism Trading Incentives program, which is based on SIP-2003. As part of the program, up to 300,000 weekly OP will be awarded to traders.
Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. Zilliqa, ICP, Synthetix, Casper, and Rocket Pool have emerged as the top gainers of the day, while Injective, RNDR, Frax Share, Arbitrum, and Woo Network are the top losers.
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 [SNX] Perps v2 has been registering quite a few achievements of late. The latest one was its cumulative volume, which reached nearly $2 billion.
Through the strategic partnership, DWF Labs has purchased about $20 million worth of SNX coins via USDC.
