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Synthetix

Synthetix Unveils Perpetual DEX on Ethereum Mainnet

Synthetix Unveils Perpetual DEX on Ethereum Mainnet

The DeFi protocol is releasing an onchain-offchain hybrid CLOB perp exchange on DeFi’s largest Layer 1.
susd depeg

Synthetix’s sUSD Slides Further Away from Peg After Protocol Update

Bouncing back to $0.83, sUSD is far from out of the woods as it hit as low as $0.66 in a depegging caused by a stabilization mechanism in transition.
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Synthetix’s Stablecoin sUSD Depegs to Below $0.92 Twice This Week

Yesterday’s incident marks the second time sUSD has slipped below its dollar peg this week alone.
Synthetix to Pivot V3 Perps From Arbitrum to Base

Synthetix to Pivot V3 Perps From Arbitrum to Base

It has also purchased USDx stablecoin in bulk to allow users to redeem their tokens for USDe.
Synthetix Relaunches Native Exchange Following Kwenta Acquisition

Synthetix Relaunches Native Exchange Following Kwenta Acquisition

The Synthetix Exchange relaunch coincides with multi-collateral perps going live on Base.
Synthetix to Offer Leveraged Tokens in 2025 after TLX and Kwenta Acquisitions

Synthetix to Offer Leveraged Tokens in 2025 after TLX and Kwenta Acquisitions

The recent acquisitions are part of Synthetix’s plans to become a category leader among derivative exchanges.
Synthetix Proposes Acquiring Kwenta From Tokenholders

Synthetix Proposes Acquiring Kwenta From Tokenholders

Synthetix is looking to regain control over its most popular front-end, with Kwenta driving $60 billion in volume over four years.
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Synthetix Governance Overhaul Garners Near-Unanimous Support

The new proposal, dubbed “SR-2”, aims to bring more control and efficiency to the protocol.
Synthetix To Launch SNAXchain Appchain On Sept. 16

Synthetix To Launch SNAXchain Appchain On Sept. 16

SNAXchain’s launch will coincide with Synthetix’s next governance epoch commencing.
Synthetix Launches Perpetuals On Base

Synthetix Launches Perpetuals On Base

The DAO is billing the release of Synthetix Perps V3 as the “first major perpetuals protocol” on Coinbase’s Layer 2 network.