Volumes at Synthetix surpassed its nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag. Synthetix weekly trading volumes surpassed $1 billion, ...

The founder of decentralized finance (DeFi) protocol Synthetix, Kain Warwick, has submitted a proposal that would turn off very high yield returns for SNX stakers and cap the total Synthetix (SNX) ...

DeFi derivatives protocol Synthetix is returning to the Ethereum Mainnet after a three-year stint on various Layer-2 networks. The move comes as a response to fragmented liquidity that saw its native ...

SYDNEY--(BUSINESS WIRE)--Synthetix, the leading crypto derivatives markets ecosystem, has deployed V3 of its perpetuals contracts protocol on Base, becoming the first to introduce a major perpetuals ...

Synthetix and Derive mutually withdrew a $27M token swap deal after community pushback. Derive users criticized the proposed valuation and raised concerns over token dilution for SNX holders. Both ...

Ethereum-based derivatives powerhouse Synthetix is considering buying options trading platform Derive in an token-for-token deal valued at $27 million that would see the project absorbed back into the ...