Synthetix lists Tether USDT Perps

Synthetix is happy to announce the addition of the Tether USDT perpetual futures market available for leverage trading via Synthetix Perps.

This market was approved in SIP 2030 with initial configurable values also set in SIP 2030.

Trading Synthetix Perps

Synthetix Perps can be traded on front-ends that integrate with Synthetix liquidity and support perps trading: Kwenta, Polynomial, and dHEDGE.

Please note that Synthetix DAO does not provide any trading front-ends directly and instead relies on third-party user-facing protocols to serve traders. For more information on integrating with Synthetix Perps, please refer to the Synthetix Docs.

New Perpetual Futures Markets

The addition of this new market expands the number of assets available for leverage trading through Synthetix Perps to 52 total assets. Prices will be set by the decentralized off-chain Pyth Network oracle, and fees may vary depending on the asset.

The latest configurable values, including fees, open interest, and more, can be found in SIP 2030. These are configurable governance values and can be changed at any time.