Synthetix Extends LP Rewards on Base
2025 is getting even more Based as Synthetix extends the Decembrrrr Base LP Incentives for an additional four weeks. Designed to incentivize deep liquidity for the busy perps trading season, liquidity providers can continue to earn boosted yields while traders enjoy reliable liquidity and seamless market access.
LP Rewards Extended
The rewards program has been extended for 4 weeks, from January 9th, 2025 until February 6th, 2025. These additional rewards support LPs and traders as Synthetix doubles down on the Base ecosystem.
Updated Weekly Rewards
Beginning now, LPs earn a prorated share each week of:
- 15,000 SNX
- 20,000 USDC
A total of 60,000 SNX and 80,000 USDC has been allocated to USDC and stataUSDC pools on Base, giving LPs the unique opportunity to deploy yield-bearing Aave staked USDC along with a share of fees from perps trading.
How to Participate
It’s easy to get started as an LP:
- Deposit USDC or stataUSDC on the Synthetix Liquidity App.
- Rewards accrue every block and can be claimed at any time via the app.
For details on becoming an LP, refer to the Synthetix docs.