Synthetix takes on counterparty risks with Infinex derivatives exchange
The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX).
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Synthetix nets $20M from Web3 quant trading firm
Derivatives liquidity protocol Synthetix seals new partnership with DWF Labs, landing a $20 million investment from the quantitative trading firm.
Synthetix racks up over $1M in daily fees as SNX token value surges 100%
L2 scaling solution Synthetix collaborated with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synths into tokens.
Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing
Crypto asset management firm Grayscale has added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund following its first quarterly rebalance.
Synthetix turns on layer-two alpha, launches Olympics betting on options platform
Users of the Synthetix-based Thales platform can now bet on the outcome of Olympic events.
Thales raises $2.5M for binary options platform in Synthetix ecosystem
Binary options and sports betting will soon be launched on the Synthetix-based Thales platform.
Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch
The SNX/USD exchange reached $13.76 on Monday for the first time since June 3.
Altcoin bulls pile into Synthetix (SNX), Axie Infinity (AXS) and EOS
Data from Cointelegraph Markets Pro shows SNX, AXS and EOS as the strongest 24-hour gainers as the bullish momentum in DeFi and NFT tokens continues to build.
SNX hits multi-week highs as total value locked on Synthetix approaches $1 billion
However, SNX withdrawals from Synthetix pools picked up momentum during the price boom.