Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July. Synthetix has launched a new app chain — SNAXchain — aimed at bringing cross-chain liquidity and ...
The sUSD stablecoin by Synthetix is having its second de-pegging episode for the past month. This time, the asset-backed stablecoin fell under $0.90, with a low around $0.83. The sUSD stablecoin ...
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