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Synthetix

April 18, 2025
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.
April 03, 2025
sUSD depeg cover image

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.
January 10, 2025
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.
December 17, 2024
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.
December 11, 2024
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.
October 30, 2024
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.
September 30, 2024
ballot box

Synthetix Governance Overhaul Garners Near-Unanimous Support

The new proposal, dubbed “SR-2”, aims to bring more control and efficiency to the protocol.
September 06, 2024
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.
January 24, 2024
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.
December 12, 2023
Synthetix Tokenholders Vote To End SNX Inflation

Synthetix Tokenholders Vote To End SNX Inflation

SNX to become deflationary following Andromeda upgrade