perps v3 New Synthetix Perps Markets on Base: SNX, SOL, WIF, and W Synthetix Perps has launched four new perpetual futures markets exclusively on Base: Synthetix (SNX), Solana (SOL), dogwifhat (WIF), and Wormhole (W).
perps v3 Synthetix V3 is live on Base Synthetix V3 is now live on Base. Users can deposit USDC to earn trading rewards and USDC/SNX LP incentives. Additionally, traders can begin trading Synthetix Perps.
Pyth Governance Distribution Following up on our prior blog post about the Pyth Governance Distribution, we are now providing the steps for users to participate.
perps New Synthetix Perps Markets: PENDLE, JUP, CVX, and STRK Synthetix is thrilled to introduce four new perpetual futures markets for leverage trading on Synthetix Perps. The newly added perpetual markets include Starknet (STRK), Convex Finance (CVX), Pendle (Pendle) and Jupiter (JUP).
Parameter Changes for Synthetix Loans Following the adoption of SCCP-2081, Synthetix is set to increase interest rates and issuance fees on existing sUSD and sETH borrowing.
perps Pyth Retrospective Airdrop Synthetix is a recipient of the Pyth Retrospective Airdrop. This, along with the initial airdrop to Synthetix Perps users, strengthens the partnership between Pyth and Synthetix.
Simplifying SNX Staking with Debt and Escrow Migration to Optimism Synthetix has implemented SIP-237, an upgrade that will simplify the staking experience by allowing users to migrate their staked SNX and sUSD debt to Optimism without burning existing sUSD debt.
Scaling Andromeda The journey to Andromeda is marked by progressive ramp-up periods. Andromeda is live, actively onboarding traders, developers, and integrators with low open interest and liquidity provider caps. Over time, OI/LP caps will be increased and perps markets will be released alongside new features.
perps New Synthetix Perps Markets: JTO & ORDI Synthetix is thrilled to introduce two new perpetual futures markets for leverage trading on Synthetix Perps. The newly added perpetual markets include JTO and ORDI.
Basics of Staking SNX in 2024 Staking SNX tokens plays a pivotal role in supporting Synthetix's liquidity layer. This is vital for supplying liquidity to on-chain derivative traders engaged in products like Synthetix Perps, spot, and options markets.
The Differences Between Synthetix V2x and V3 Synthetix has evolved significantly with its transition from V2x to V3. This blog post will explore the fundamental differences between these two versions, highlighting how Synthetix V3 is set to revolutionize onchain derivatives with a liquidity layer.
v3 The SNX Base Bridge SNX is now supported by the Base Bridge, allowing SNX tokens to be bridged from Ethereum to Base. This will help to support the upcoming Andromeda Release and Buyback and burn mechanism.
v3 Buyback and Burn & The Andromeda Release The Andromeda Release in Synthetix introduces Core V3, Perps V3, and USDC as collateral, expanding to Base for a multi-chain approach. A key new mechanism is the buyback and burn of SNX tokens, using fees from Perps on Base as per SIP-345.
v3 Perps V3 Features & Release Explainer Synthetix Perps V3 represents a significant upgrade for the world of onchain perpetual futures. Building on the successes and learnings of V2, this new version is designed to further enhance trading efficiency, usability, and resilience.
Synthetix Council Elections December 2023 It's almost time for the Synthetix community to elect new council members. Your participation as a community member and staker is crucial, as it directly influences Synthetix's direction. Positions in all councils - Spartan, Treasury, Ambassador, and Grants - are open for election.
Community Governance Call December 2023 The Synthetix community is invited to the community governance call on December 20th at 8 PM UTC. This call offers a vital opportunity to discuss the protocol's future, share insights, and deepen your understanding of upcoming updates and our ecosystem.
The End of Synthetix Token Inflation With the passage of SIP 2043 by governance and subsequent implementation, Synthetix has reached a pivotal moment, ending SNX token inflation. This significant shift impacts both token-holders and liquidity providers, marking a pivotal point for the protocol.
perps Synthetix Lists 9 New Perps Markets Synthetix is thrilled to announce the introduction of 9 new perpetual futures markets for leverage trading on Synthetix Perps. The newly added perpetual markets include TRB, TIA, IMX, MEME, FET, GRT, PYTH, ANKR, and BONK.
perps Synthetix Perps Price Impact Arbitrage Following our prior post on funding rate arbitrage in Synthetix Perps, the next potential strategy presents itself: Price Impact Arbitrage. This approach focuses on capitalizing the premium or discount introduced by the price impact function.
v3 What is the Andromeda Release? The Andromeda Release marks a significant advancement for Synthetix, featuring the deployment of Core V3 and Perps V3 simultaneously, the addition of new collateral in the form of USDC, and deployment on a new blockchain, Base. This release will propel Synthetix into a multi-chain protocol, leveraging the capabilities of the
v3 Synthetix V3: Collateralized Debt Positions (CDPs) Collateralized Debt Positions (CDPs) are a fundamental component of many DeFi protocols, including Synthetix. They allow users to deposit collateral and borrow against it, creating a system of over-collateralized loans.
v3 Synthetix V3 Vaults: An Explainer Vaults are a fundamental component of the Synthetix V3 ecosystem, serving as the primary entry point for liquidity providers.
v3 Synthetix V3 Markets: A Comprehensive Guide Synthetix V3 brings a groundbreaking approach to creating onchain derivatives and financial products, with markets at its core. These markets draw from liquidity pools, fueled by liquidity providers (LPs) who delegate collateral and stablecoin liquidity.
v3 Perps V3 Testnet Competition: A Wrap-Up & Rewards Breakdown The Perps V3 Testnet Trading Competition on Base has drawn to a close. Over three weeks, we saw an incredible amount of trading activity, competitive spirit, and valuable user feedback that has helped improve Perps V3.
Synthetix Integrates Notifi for Real-Time Notifications Synthetix is thrilled to announce its integration with Notifi, a leader in DeFi alerts, to bring real-time notifications to Synthetix users.
