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).
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). These markets were approved in SIPs 2052, 2053, 2054, 2056 with configurable values set by SCCP-2082.
Note: Starknet (STRK) has been unpaused and is now live! (Update: March 6th)
Trading Synthetix Perps
Synthetix Perps are available for trading on platforms integrating SNX liquidity and supporting perps trading, such as Kwenta and Polynomial. The Synthetix DAO does not provide trading front-ends, relying instead on third-party user-facing protocols.
For more details on integrating with Synthetix Perps, refer to the Synthetix Docs.
New Perpetual Futures Markets
The addition of these markets broadens the range of assets available for leverage trading through Synthetix Perps. Prices are determined by the decentralized off-chain Pyth Network oracle. Fees and other configurable values, subject to change, can be found in SCCP-2082 or via frontend integrators.
Listing New Markets
New perps markets on Synthetix are added based on market demand, liquidity, and volatility. Approval from Synthetix Governance via a SIP and/or subsequent SCCP is required to configure market variables. Data feeds from Pyth and Chainlink are essential for the inclusion of proposed assets.