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news-imageNovember 20, 2023

Synthetix protocol unveils Perp v3 upgrade for enhanced trading capabilities

Decentralized finance platform Synthetix caught attention as its token surged over 20% in the past day to new peaks of $3.57. The asset's bullishness comes as the protocol unveils the Per v3 update, designed to improve the platform's trading capabilities.
Publisher: Invezz
Sentiment: Positive
PERP
SNX

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Positive
cover-imageCoinPedia
December 9, 2024

Top 10 ERC-20 Tokens in December 2024

Blockchain projects thrive on innovation. The more developers push boundaries, the brighter a project's future becomes. This December, Santiment ranked the top ERC-20 tokens by development activity. From DeFi giants to Web3 pioneers, these tokens reflect where the blockchain world is headed. Let's take a closer look at who's making the most noise.

Positive
cover-imageCrypto Economy
October 30, 2024

Synthetix Proposes Kwenta Acquisition to Unify Its Exchange Ecosystem

TL;DR Synthetix has proposed acquiring Kwenta, an exchange derived from its ecosystem, to unify operations and enhance services. The acquisition values each KWENTA token at 17 SNX, with a token swap valued at $13.2 million. The integration would involve dissolving Kwenta's governance and merging it with SNX's Spartan Council.

Positive
cover-imageThe Daily Hodl
October 18, 2024

Derivatives Protocol Synthetix (SNX) Leads the DeFi Sector in Recent Development Activity: Santiment

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 projects, according to the protocol's whitepaper.

Positive
cover-imageNewsBTC
September 6, 2024

DeFi Protocol Synthetix To Launch Its Own Application Blockchain, SNAXChain

Decentralized finance (DeFi) protocol Synthetix (SNX) is working toward launching its application blockchain, dubbed SNAXChain, according to a blog post published on September 4, 2024. Synthetix SNAXChain To Launch On Optimism's Superchain Infrastructure Ethereum-based derivatives liquidity protocol Synthetix is set to unveil SNAXChain, an application blockchain built on Optimism's Superchain infrastructure.

Positive
cover-imageCrypto Economy
June 16, 2024

Top 6 Best RWA Tokens in the Market for 2024

TL;DR The real-world asset (RWA) token market is growing exponentially in 2024, thanks to the convergence of blockchain technology and traditional assets. Tokens such as Maker, Chainlink, and Algorand stand out for their unique propositions and potential to facilitate investment in real estate, art, and music through decentralized platforms.

Positive
cover-imageCryptopolitan
April 18, 2024

SNX PRICE PREDICTION 2024-2033: IS SNX A GOOD INVESTMENT?

SNX Price Prediction 2024-2033 Synthetix is developing a decentralized liquidity provisioning protocol that is accessible to various platforms. It boasts substantial liquidity and minimal fees, making it an attractive backend for numerous protocols on both Optimism and Ethereum.

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