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Synthetix Quarterly Report — Q2 2023

Synthetix Quarterly Report — Q2 2023

Quarterly Report for Synthetix, Quarter 2 of 2023: April — June. Q2 Highlights ⭐ Spartan Council/CCs: V3 Audit & $10B Volume Milestone ⭐ Grants Council: Funding Rate Bot & Stats Bot ⭐ Ambassador Council: OP Governance Participation & Integrations We are only halfway through 2023 and the Core Contributors (CCs) have already made massive strides towards

Lido stETH Synthetix Perps Trading Incentives - September Extension Update

Lido stETH Synthetix Perps Trading Incentives - September Extension Update

Synthetix and Lido Finance are thrilled to announce the launch of a trading rewards program specifically designed for Lido Staked Ether (stETH). This initiative will allocate an additional 1,500 OP per week, provided by Lido Finance, to traders generating fees for the stETH perps market.

Polynomial Finance: Leading the Charge in DeFi Trading

Polynomial Finance: Leading the Charge in DeFi Trading

Polynomial Finance is a decentralized derivatives exchange that harnesses the Synthetix protocol on Optimism. Polynomial Perps stands out from other derivative exchanges with a smoother user interface and lower fees.

SNXweave Weekly Recap 97

SNXweave Weekly Recap 97

July 12, 2023 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Spartan Council and SIP updates Present at the July 5, 2023 Spartan Council Weekly Project Sync:

SNXweave Weekly Recap 96

SNXweave Weekly Recap 96

July 5, 2023 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Spartan Council and SIP updates Present at the June 28, 2023 Spartan Council Weekly Project Sync:

Getting to the Synthetix v3 End Game

Getting to the Synthetix v3 End Game

💡This post was provided by a Spartan Councillor. While Synthetix has reviewed the content for veracity, these views are not necessarily endorsed by the Synthetix DAO and/or community. We saw Where Synthetix v3 could take us, so let’s plot a potential path to get there. Reading that post

Unlocking the Potential of Synthetix Perps

Unlocking the Potential of Synthetix Perps

Decentralized protocols, like Synthetix Perps, are increasingly popular in the DeFi space due to their non-custodial, low-fee nature. The newest version of Synthetix offers efficient, flexible trading with deep liquidity and low fees.

SNXweave Weekly Recap 95

SNXweave Weekly Recap 95

June 28, 2023 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Spartan Council and SIP updates Present at the June 21, 2023 Spartan Council Weekly Project Sync:

What is Kwenta? Everything you need to know about the leading Synthetix Perps integrator

What is Kwenta? Everything you need to know about the leading Synthetix Perps integrator

By integrating with Synthetix Perps, Kwenta provides traders access to various assets, including more than 40 trading pairs. With over $10 Billion in cumulative volume and thousands unique traders, Synthetix Perps is quickly becoming the go-to trading protocol for many traders.

SNXweave Weekly Recap 94

SNXweave Weekly Recap 94

June 21, 2023 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Spartan Council and SIP updates Present at the June 14, 2023 Spartan Council Weekly Project Sync:

Synthetix lists stETH Perps

Synthetix lists stETH Perps

Synthetix is thrilled to announce the addition of Lido Finances' stETH as the latest asset for leverage trading on Synthetix Perps. This exciting new perpetual futures market has been approved by SIP 2021 and had parameters set in SCCP 2015. Synthetix Perps is the only protocol supporting stETH perps. No

SNXweave Weekly Recap 93

SNXweave Weekly Recap 93

June 14, 2023 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Spartan Council and SIP updates Present at the June 7, 2023 Spartan Council Weekly Project Sync:

Spot Market V3 Alpha Release

Spot Market V3 Alpha Release

Per SIP-317 and SCCP-304, a synthetic ETH spot market and the snxETH token have been deployed to Optimism. Find the README and source code for the spot market on GitHub. Prototype UIs for interacting with these smart contracts are available for liquidity providers and for traders. The documentation for Synthetix

SNXweave Weekly Recap 92

SNXweave Weekly Recap 92

June 7, 2023 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Spartan Council and SIP updates Present at the May 31, 2023 Spartan Council Weekly Project Sync:

Long women in crypto

Long women in crypto

Synthetix’ female Core Contributors pull back the curtain on working among the degens. Hi, I’m Bex, and I make up one of four female Core Contributors (CCs) at Synthetix. A number that has, excitingly, doubled in the last 12 months. In the same breath, we still only make up

Sunsetting Perps V1

Sunsetting Perps V1

Synthetix governance has approved SCCP 2008, a plan to sunset Perps V1 markets. These markets have been in close-only mode for 3 months, but there are still some positions that haven’t been closed. This is a necessary step in deprecating Perps V1 and moving these last few traders to

Synthetix Perps: The First Six Months by Frogs Anonymous

Synthetix Perps: The First Six Months by Frogs Anonymous

Six months have passed since Synthetix launched the v2 upgrade for their perpetual futures. We’ll do a breakdown of relevant performance statistics below

SNXweave Weekly Recap 91

SNXweave Weekly Recap 91

May 31, 2023 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Spartan Council and SIP updates Present at the May 24, 2023 Spartan Council Weekly Project Sync:

7 New Synthetix Perps Markets are now live - SIP 2014 / 2015

7 New Synthetix Perps Markets are now live - SIP 2014 / 2015

The full list of new perpetual markets includes PEPE, SUI, BLUR, XRP, $DOT, FLOKI, and INJ.

SNXweave Weekly Recap 90

SNXweave Weekly Recap 90

May 24, 2023 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Spartan Council and SIP updates Present at the May 17, 2023 Spartan Council Weekly Project Sync:

The Optimism Bedrock Release & Synthetix Downtime

The Optimism Bedrock Release & Synthetix Downtime

In preparation for the Optimism Bedrock upgrade, we’ve created this blog post to provide detailed information about the scheduled downtime and its impact on Synthetix.

SNXweave Weekly Recap 89

SNXweave Weekly Recap 89

May 17, 2023 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Spartan Council and SIP updates Present at the May 10, 2023 Spartan Council Weekly Project Sync:

Improving Keeper Rewards on Synthetix Perps: Introducing the Dynamic Gas Fee Module

Improving Keeper Rewards on Synthetix Perps: Introducing the Dynamic Gas Fee Module

With the upcoming implementation of SIP-2013: Dynamic Gas Fee Module, Synthetix has introduced an update to Synthetix Perps to enhance the perps keeper system, making it more decentralized and resilient in response to gas price spikes. Please note that the dynamic gas fee module is not live yet, and will

SNXweave Weekly Recap 88

SNXweave Weekly Recap 88

May 10, 2023 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Spartan Council and SIP updates Present at the May 3, 2023 Spartan Council Weekly Project Sync:

Nine New Synthetix Perps Markets are now live

Nine New Synthetix Perps Markets are now live

Synthetix is thrilled to announce the addition of nine new perpetual futures markets available for leverage trading on Synthetix Perps. The full list of new perpetual markets includes APT, LDO, ADA, GMX, FIL, LTC, BCH, SHIB, and CRV. These markets were approved by SIP-298 and had initial configurable values set