Synthetix is thrilled to announce the addition of seven new perpetual futures markets available for leverage trading on Synthetix Perps.
The full list of new perpetual markets includes PEPE, SUI, BLUR, XRP, DOT, FLOKI, and INJ. TRX was approved in SIP 2015, but Synthetix is still awaiting oracle support. Once available, this market will be launched too. These markets were approved by SIP-2014 / SIP-2015 and had initial configurable values set by SCCP-2004.
Trading Synthetix Perps
Please note that Synthetix DAO does not provide any trading front-ends directly and instead relies on third-party user-facing protocols to serve traders. For more information on integrating with Synthetix Perps, please refer to the Synthetix Docs.
New Perpetual Futures MarketS
The addition of these new markets expands the number of assets available for leverage trading through Synthetix Perps. Prices will be set by the decentralized off-chain Pyth Network oracle, and fees may vary depending on the asset.
The latest configurable values, including fees, open interest, and more, can be found in SCCP-2004 .These are configurable governance values and can be changed at any time.
Listing New Synths
The process for adding new Synths to Synthetix is based on demand, liquidity, and volatility. All markets must be approved by Synthetix Governance through a SIP and/or a subsequent SCCP to configure variables. Additionally, data feeds from Pyth and Chainlink are necessary for any proposed assets to be considered for inclusion.