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The Sadr Release

The Sadr Release

Today, Feb 1st, the Sadr release will begin. There will be no downtime for this release. Here's what's included:

  • SIP-293 - Deprecate Low Volume Synths - sAAVE, sLINK, sDOT, sADA, sMATIC, sUNI, sAVAX, sSOL

The following synths have been deprecated due to the low volume generated by these synths, alongside a drastic decrease in liquidity for the underlying assets from when these assets were initially listed. Synthetix Perps will soon support these markets and provide a much better experience for traders, with support for leverage, 5-10bps trading fees, and deep liquidity.

Users holding these spot synths can redeem these synths by following the directions below. Note - This release is still in progress, so synths can't be redeemed yet.

How to Redeem deprecated spot synths

Any Questions?

If you've got any comments or questions about the release, please join the conversation on Discord. This release is called Sadr, which like all releases, is named after a star (in order of visual magnitude).