News with the tag "Synthetix Network"

Synthetix contributors have released a proposal to acquire options protocol Derive through a token swap deal involving 29.3 million SNX with a lock-up and vesting period, valued at approximately $27 million. On May 14, the DeFi protocol declared its intention to acquire one of its former ecosystem p...

South Korean exchange Upbit has announced that it will suspend deposits for SNX, following a recent trade warning from the Digital Asset Exchange Alliance. According to a recent notice from the crypto exchange, the Synthetix ( SNX ) token has been labeled a “trading caution item” by the Digital Asse...

Decentralised Exchange (DEX) tokens were among the best performers on Saturday. Uniswap (UNI) token soared by more than 70% while dYdX, Synthetix (SNX), PancakeSwap (CAKE), and THORChain (RUNE) soared by more than 30%. DeFi tokens like AAVE and Lido DAO were among the best performers. Uniswap’s new ...

Dec. 11 data from CoinMarketCap, the world's most-referenced price-tracking website for cryptoassets, Injective, Immutable and Synthetix are the top gainers in the last 24 hours, reporting up to 22% gains.

Synthetix (SNX), currently positioned as the 54th largest cryptocurrency, has been closely aligned with the overall market trend. Over the past 30 days, SNX has experienced a substantial uptrend of 60%, while its year-to-date performance shows an impressive price increase of over 108%. These notable...

Leading derivatives liquidity protocol Synthetix Network has broken out with SNX price soaring +14% following the announcement of an upcoming Perps V3 launch on Coinbase’s native scaling blockchain BASE. With an exciting partnership connecting promising off-chain oracle Pyth network also in the work...

Synthetix just reached its 15-month-high, last seen in August 2022. However, the price-daily active addresses (DAA) divergence shows a sell signal despite the “Perps V3” announcement. Synthetix (SNX) is up by 20% in the past 24 hours and has registered…

The crypto prices today have been moving towards the north on Monday, November 20, as the investors seem to have regained confidence in the market. The market has been in a bullish run lately, mainly due to optimism and speculations over Bitcoin Spot ETF approval. However, the market reversed its bu...

Decentralised Finance (DeFi) tokens continued their recovery mode as the crypto fear and greed index rose. PancakeSwap (CAKE) price surged by more than 30% on Thursday and reached the highest point since July this year. Synthetix (SNX) price, on the other hand, jumped to a high of $2.50, its highest...

After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days. Def...