Synthetix (SNX) Shines As TVL Hits $670M, Analyst Predicts Continued Upswing
Synthetix (SNX), currently positioned as the 54th largest cryptocurrency, has been closely aligned with the overall market trend. Over the past 30
Read More
Synthetix
Synthetix DEX launch to join efforts reducing the ‘serious friction’ in DeFi
Decentralized derivatives protocol Synthetix is the latest project aiming to close the usability gap between centralized and decentralized exchanges — with a Q4 slated launch of the Synthetix V3 protocol and its decentralized exchange front-end, called Infinex.Speaking to Cryptox, Synthetix founder Kain Warwick said the Q4 slated launch of Infinex
Read More
Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
The native token of decentralized liquidity platform Synthetix (SNX), rose by 12.5% during European hours on Monday following significant outflows on Binance. Source
Read More
Synthetix takes on counterparty risks with Infinex derivatives exchange
Synthetix, a DeFi project in the crypto space, is preparing to expand its range of affiliated products.Kain Warwick, the founder, revealed intentions to introduce a new derivatives front-end called Infinex to the decentralized trading infrastructure of Synthetix. The upcoming exchange, Infinex, will cater to both novice and experienced traders by
Read More
Synthetix (SNX) Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market
The change highlights Synthetix’s focus on its v2 perpetuals markets, which had $22 million in volume over the past day, data from a dashboard created by the Synthetix community shows. Synthetix’s v2 perpetuals markets, which launched in December, increases capital efficiency and improves risk management for market liquidity providers, representing
Read More
Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign
Synthetix generated more than $730K in fees on March 30 ahead of the start of its allocation of 200,000 OP tokens to traders. Original Source
Read More
Market Maker DWF Labs Invests $20M in Derivatives Trading Platform Synthetix
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
Read More
Synthetix nets $20M from Web3 quant trading firm
Tokenized asset issuance platform Synthetix has secured a $20 million investment through a new partnership with Web3 investment and quantitative trading firm DWF Labs.The market making and algorithmic trading company acquired $15 million worth of Synthetix’ native token SNX paid for with USD Coin (USDC) in March 2023. DWF Labs
Read More
DeFi Liquidity Protocol Synthetix Deploys Version 3 on Ethereum
Synthetix holds over $500 million in locked tokens over the Ethereum and Optimism networks. Source
Read More
Dogecoin Sees Weekend Bump After Musk Tweets, Synthetix Volumes Grow to $200M
Over the weekend, separate catalysts lead to volatile trading in the two tokens with SNX rising as much as 85% in the past 24 hours. Source
Read More