News with the tag "Synthetix"

The DeFi protocol also launched an in-house perpetuals trading app.

New data from market intelligence platform Santiment reveals that Chainlink ( LINK ) is leading the real-world assets (RWA) sector in terms of recent development activity. In a new post on the social media platform X, Santiment says the nascent sector is being led by the decentralized oracle network...

The product is part of Synthetix's ongoing effort to revamp after a governance overhaul in October.

Synthetix, a decentralized finance (DeFi) protocol , has made a major move in the crypto space with a notable acquisition. Synthetix acquired TLX, the leverage token platform, through a token-for-token transaction. Synthetix announced that the acquisition gained approval on SIP-412 and TIP-14. This ...

Framework Ventures deposits 6.5M SNX tokens, valued at $19.6M, into Coinbase Prime. The firm capitalizes on a 152% profit after purchasing tokens at a lower price four months ago. SNX has surged 136% in the last 30 days, driving Framework Ventures to lock in gains. Framework Ventures, a prominent th...

Synthetix, a decentralized liquidity provisioning protocol, leads decentralized finance (DeFi) projects in development activity, surpassing notable ecosystems in the industry. Meanwhile, SNX, the protocol’s native token, has climbed almost 70% in the past 30 days. According to an X (formerly Twitter...

The v3 launch marks the DeFi protocol’s first big product rollout after a governance overhaul in October.

The derivatives liquidity protocol Synthetix (SNX) witnessed more development activity than any other project in the decentralized finance (DeFi) sector in the past 30 days, according to the crypto analytics firm Santiment. Synthetix aims to serve as a backend liquidity tool for user-facing DeFi pro...

A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members.

Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program (LTIP) grant. Arbitrum Holders Vote Against Synthetix Pr...