Gasless 1-Click Trading Comes to Base Synthetix Exchange is taking your trading to the next level with gasless 1-click trading. This powerful upgrade makes trading smooth and simple, all while covering your gas costs on Base. Building on the launch of Multicollateral Perps on Base, gasless 1-click trading eliminates the cost and hassle of transaction confirmations
Synthetix Exchange Launches with Multi-Collateral Perps on Base The Synthetix Reboot is accelerating with the re-launch of Synthetix Exchange, the release of Multi-Collateral Perps on Base, a new website, and the upcoming launch of Synthetix Leveraged Tokens. Base Multi-Collateral Perps on the new Synthetix Exchange enables Perps traders to use a variety of new collateral types and maintain
Synthetix Perps Go Mobile with Mass Synthetix Perps are now in your pocket with Mass, the mobile-first platform redefining onchain trading. Thanks to our friends at Mass, trading Synthetix-powered perpetual futures is now more convenient than ever—right from your mobile device, so you can take advantage of market opportunities anywhere, anytime. Rudy Kadoch, Founder of
Synthetix Acquires Ecosystem Leading Leveraged Token Platform TLX Hot on the heels of acquiring Kwenta, Synthetix has made another major strategic acquisition, this time acquiring a leading leveraged token platform, TLX. The acquisition was a token-for-token transaction that was approved via SIP-412 and TIP-14. Adding leveraged tokens is the first step towards Synthetix building and offering a wide
Decembrrrrrr snaX-mas on Base The holidays are getting Based at Synthetix with the Decembrrrr Base LP Incentives—a four-week program designed to incentivize deep liquidity for the busy perps trading season. Liquidity providers can earn boosted yields with weekly rewards, while traders enjoy plenty of fresh powder to carve up the markets. Improving the
Synthetix: Vaulting into 2025 Synthetix is proposing to acquire TLX, per SIP-412 and TIP-14, as an exciting first step towards producing native vaults that leverage the composability of Synthetix and give users frictionless access to high-quality structured products. Synthetix, a leader in decentralized derivatives markets, is excited to announce the launch of a new
Synthetix Acquires Ecosystem Leading Perps Platform Kwenta The first major strategic move since the recent referendum, Synthetix acquires their ecosystem leading Perps trading platform Kwenta in a token for token transaction after approval of SIP-411 by the Spartan Council and KIP-138 by the Kwenta Council. In the post-referendum era for Synthetix, we are reimagining what it means
Proposal to acquire Kwenta and relaunch Synthetix Exchange Both the Spartan Council and the Kwenta Council have been presented with a proposal for Synthetix to acquire Kwenta in a token<>token transaction. The terms of the transaction are: * 1 $KWENTA <> 17 $SNX (~$13.2m valuation) * $SNX received from acquired token conversions are subject to
Synthetix Multi-Collateral Perps with 81 New Markets on Kwenta With today’s launch of Synthetix Multi-Collateral Perps V3 on Kwenta, we’re kicking off a promotional incentive program for traders and liquidity providers. Traders can now benefit from reduced taker fees for a two-week period, and liquidity providers will see increased APYs as the treasury allocates rewards from trading
Synthetix’s Bold Reboot: What SR-2 Means for the Future It’s now Autumn in the northern hemisphere, but that’s not stopping us from bringing back the DeFi Summer vibes. The recently passed governance referendum: SR-2 A Synthetix Reboot, was approved with a staggering 104 million SNX tokens, achieving a near-unanimous consensus of 99.94% in what may be
Synthetix Chain by Chain Synthetix has grown and evolved over the past six years—from humble beginnings as a pioneer of synthetic assets to becoming the premier choice for liquidity and derivatives infrastructure, powering over half a dozen platforms across leading blockchains. Our community, which is at the heart of everything we do, has
Synthetix V3 Migration The migration from Synthetix V2x contracts to V3 continues to roll on today with the release for SCCP-2134 going live. Now all Synthetix stakers on Ethereum Mainnet can migrate to the V3 contracts. This release affects actions available to all stakers on Ethereum Mainnet so please read carefully. Some notable
Synthetix Governance Epoch & An Introduction to SNAXchain A new Synthetix Governance epoch is about to kick off and with it, the launch of the Synthetix app chain - SNAXchain - on Optimisms Superchain infrastructure. Before we get into the opportunity presented with launching a new chain, let's review how the election will work. New Election
v3 Synthetix V3 Migration: Treasury Council Initiates Transition The Treasury Council has begun migrating to V3, as detailed in SIP 304, marking the first phase of the Synthetix V3 transition. Staker migration to V3 is expected to open in 2-3 weeks. This update introduces significant changes to the ecosystem, particularly in how liquidations are handled.
Pyth Governance Distribution Phase 2 Now Live for Eligible Synthetix Users We are thrilled to announce that Phase 2 of the Pyth Governance Distribution is now complete and ready for eligible participants to claim their tokens.
v3 Synthetix Launches Arbitrum Liquidity Incentive Program with 2M ARB Rewards Synthetix is scaling up its Arbitrum deployment and providing details of its Arbitrum LTIP distribution plan. Approved by ARB governance, this 12-week program aims to attract liquidity providers, stablecoin liquidity, and Perps trading activity, distributing 2M $ARB until Sep 3rd.
v3 Synthetix V3 is live on Arbitrum Synthetix V3 has launched on Arbitrum, with LTIP rewards available for liquidity providers. The phased deployment will enable Perps trading, introduce an Arbitrum-native stablecoin, and expand collateral options to solidify Synthetix's presence on the network.
Pyth Governance Distribution Now Live for Eligible Synthetix Users The Pyth Governance Distribution is now open for eligible Synthetix users to claim their tokens and support the relationship between Synthetix and Pyth. Check your eligibility and learn how to claim your tokens to be part of the early days of Pyth governance.
Onchain Summer with Base Synthetix is excited to participate as a sponsor of the finance and trading tracks of Base’s Onchain Summer Buildathon. With the successful launch and growth of Synthetix V3 on Base, we’ve seen the power of the Base ecosystem and its builders. For the uninitiated, Synthetix V3 is a
perps v3 500k SNX Fee Rebates for Trading Perps V3 on Base The Synthetix Treasury will allocate up to 500,000 SNX for fee rebates on perps markets. The goal of this program is to onboard new traders, generate fees, and attract new liquidity providers to support trading Synthetix Perps on Base.
v3 Transitioning to Synthetix V3: Scaling sUSD & Migrating SNX Synthetix is undergoing a pivotal phase of the V3 rollout, introducing a new foundation and architecture for the protocol. This transition also marks a significant step towards enhancing the scalability and decentralization of the Synthetix stablecoin, sUSD.
perps v3 USDC & SNX LP Incentives on Base Synthetix is launching USDC and SNX incentive programs on Base to boost liquidity provider collateral, which is crucial for expanding Synthetix V3 and Synthetix Perps V3 open interest and supported markets.
perps v3 Synthetix Perps Launches 14 New Perpetual Futures Markets on Base The newly added markets include Bittensor (TAO), Chainlink (LINK), GMX (GMX), Injective Protocol (INJ), Axelar (AXL), Sui (SUI), Etherfi (ETHFI), (TIA), Stacks (STX), Arkham (ARKM), Toncoin (TON), Pendle (PENDLE), Gala (GALA), Book of Meme (BOME).
Community Governance Call April 2024 The Synthetix community is invited to the community governance call on April 24th at 9 PM UTC. This call offers a vital opportunity to discuss the protocol's future, share insights, and learn more about upcoming updates.
Synthetix Council Elections April 2024 Synthetix Governance elections will begin tomorrow, April 18th. Your participation as a community member and staker is crucial, as it directly influences Synthetix's direction. Seats on the Spartan, Treasury, and Ambassador councils are open for election beginning tomorrow.
